Celsius to Buy Energy Drink Brand Alani Nutrition in $1.8 Billion Deal
(Reuters) - Celsius is set to acquire rival energy drink brand Alani Nu for $1.8 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter. Celsius is expected to fund the deal through a combination of cash and stock, the people familiar with the negotiations told the Wall Street Journal.
Celsius, Stock Trades
Celsius (NASDAQ:CELH – Get Free Report)‘s stock had its “buy” rating restated by stock analysts at Roth Mkm in a research ...
Energy drink and lifestyle brand Celsius will buy Alani Nutrition for $1.8bn: creating a leading better-for-you, functional ...
B. Riley analyst Jeff Van Sinderen raised the firm’s price target on Celsius Holdings (CELH) to $49 from $44 and keeps a Buy rating on the ...
Shares of Celsius Holdings surged after the company said it would buy rival energy-drink maker Alani Nu for $1.8 billion, and it logged higher-than-expected profit and revenue in the fourth quarter.
Celsius is set to acquire rival energy drink brand Alani Nu for $1.8 billion, the Wall Street Journal reported on Thursday, ...
Celsius Holdings is making a big move in the wellness beverage market. Discover the details of their latest acquisition and recent earnings report.
Celsius shares are up more than 30% after its quarterly results topped estimates and it announced plans to buy Alani Nu.
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