Celsius Holdings Inc

CELH: XNAS (USA)
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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%.

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