Celsius shares are up more than 30% after its quarterly results topped estimates and it announced plans to buy drink maker Alani Nu.
Celsius could see margin improvements via synergies and economies of scale. Click here to see why CELH stock is a Buy.
Energy drink maker Celsius is paying $1.8 billion to buy rival Alani Nu, a brand that has been propelled by social-media influencers and pitches itself as a low-cal fitness aid.
By Ananya Mariam Rajesh (Reuters) - Celsius Holdings said on Thursday it would buy health and wellness drinks brand Alani Nutrition in a $1.8 billion deal through a combination of cash and stock, ...
Investors appear reassured by the company’s potential growth prospects, given its record full-year revenue and its ...
Celsius Holdings (CELH) shares skyrocketed 25% Friday, a day after the energy-drink maker expanded its efforts to reach women by acquiring rival Alani Nu for a net purchase price of $1.65 billion. The ...
LOS ANGELES, CALIFORNIA - OCTOBER 17: Sponsor Alani Nu presentation ... California. (Photo by Mark Gunter/Getty Images for Art Hearts Fashion) The energy drink company – Celsius Holdings ...
Discover more on how Celsius Holdings' stock faces challenges with a 75% drop, but the $1.8B Alani Nu acquisition aims to ...
Celsius Holdings reported strong Q4 earnings and announced its acquisition of Alani Nu for $1.8B, with analysts expressing ...
The $1.8 billion purchase of Alani Nu could be a game changer, but that's also what Crocs thought when it went shopping three ...
Energy-drink maker Celsius is paying ... Celsius will pay $1.8 billion for Alani Nu, made up of both cash and stock, the companies said. The deal, which includes a net purchase price of $1.65 ...