HomeFinance NewsCelsius Acquires Alani Nu in Major Energy Drink Deal (CELH:NASDAQ)

Celsius Acquires Alani Nu in Major Energy Drink Deal (CELH:NASDAQ)

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Celsius Holdings, traded under the NASDAQ symbol CELH, announced on Tuesday the completion of its acquisition of Alani Nutrition LLC. The total transaction was valued at $1.8 billion, which includes $150 million in tax assets, resulting in a net purchase price of $1.65 billion. The acquisition was executed through a combination of cash and stock.

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