Celsius To Acquire Energy Drink Rival Alani Nu For $1.8 Billion; Stock Surges 21%
The purchase price consideration comprises $1,275 million of cash and a $25 million earn-out and $500 million (or approximately 22.5 million shares) of newly issued restricted shares of Celsius Holdings common stock,
Energy-drink maker Celsius Holdings Inc. lined up a $1 billion debt package to support its acquisition of Alani Nutrition LLC ...
Energy drink and lifestyle brand Celsius will buy Alani Nutrition for $1.8bn: creating a leading better-for-you, functional ...
WLKY Louisville on MSN1d
Louisville-based Alani Nu acquired by Celsius for $1.8 billionLouisville-based energy drink brand Alani Nu has been acquired for more than a billion dollars. The company, which touts ...
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.
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