Celsius to Acquire Alani Nu in $1.8 Billion Deal

Image Source: Business Wire Celsius Holdings, Inc. (“Celsius”) recently announced that it has entered into a definitive agreement to acquire Alani Nutrition LLC (“Alani Nu”) for $1.8 billion, including $150 million in tax assets for a net purchase price of $1.65 billion, comprising a mix of cash and stock. The transaction will combine two growing, scaled brands in the U.S. energy drink category, creating a leading better-for-you, functional lifestyle platform that is well-positioned to capitalize on the growing [read more]