No Data
No Data
Celsius Shares Soared on Earnings Beat and Alani Nu Acquisition -- Barrons.com
Despite continuous revenue decline, 1.8 billion was lavishly spent to acquire the rival Celsius (CELH.US), which soared in after-hours trading and challenged Red Bull.
Celsius Holdings announced that it will acquire its competitor Alani Nu in the energy drink Industry for a combination of 1.8 billion dollars in Cash and Stocks, which also includes 0.15 billion dollars in tax Assets.
Stocks to Watch: Celsius Holdings, Floor & Decor Holdings, Grid Dynamics Holdings
Celsius Holdings' Strategic Expansion and Strong Financials Justify Buy Rating
After Hours Movers: Rivian Stock Swings, Block Stock Dives
Celsius Agrees to Acquire Alani Nutrition for Net $1.65 Billion in Cash-And-Stock Deal