PepsiCo has increased its stake in energy drink maker Celsius Holdings through a $585 million deal, the companies said on Friday. The deal, under which the soda giant bought 5% of Celsius' preferred ...
Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.
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PepsiCo boosts Celsius Holdings stake, incorporates Rockstar Energy in strategic deal
PepsiCo Inc. (MASDAQ:PEP) is increasing its holding in Celsius Holdings Inc. to 11% through a $585 million investment in convertible preferred shares, according to a Bloomberg report on Friday. The ...
Aug 29 (Reuters) - PepsiCo (PEP.O), opens new tab has raised its stake in Celsius Holdings (CELH.O), opens new tab through a $585 million deal, as the global soda and snacks maker strengthens its ...
PepsiCo purchased more stake in Celsius in a deal worth $585 million Celsius Holdings Inc (NASDAQ:CELH) stock is trading at 52-week highs today, after PepsiCo (PEP) increased its stake in the energy ...
Aug 29 (Reuters) - PepsiCo (PEP.O), opens new tab is increasing its stake in Celsius Holdings (CELH.O), opens new tab through a $585 million deal, Bloomberg News reported on Friday, citing people ...
PepsiCo is leaning further into energy drinks, increasing its stake in Celsius Holdings to 11% in a $585 million deal. PepsiCo will distribute Celsius’ “female-focused” Alani Nu brand in the U.S. and ...
PepsiCo Inc. is increasing its stake in Celsius Holdings Inc. in a $585 million deal that will boost distribution of some of the energy-drink maker’s popular beverages. PepsiCo is buying convertible ...
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