Celsius Holdings Inc
CELH: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Nc | LOCK|HXB | LOCK|$!Hk!M? |
Celsius: Expanded Partnership With PepsiCo Boosts Positioning in Energy Drink Category; Shares Rich
On Aug. 29, Celsius agreed to move distribution for Alani Nu onto PepsiCo's network and acquire Rockstar Energy in the US and Canada from the latter. PepsiCo received $585 million in preferred convertible shares in Celsius, bringing its ownership stake to 11.0% from 8.5%.
