Celsius To Acquire Energy Drink Rival Alani Nu For $1.8 Billion; Stock Surges 21%
- Posted on February 21, 2025
- By International Business Times
- 3 Views
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, representing approximately 8.7% pro-forma ownership.
