PepsiCo takes $550 million stake in energy drink maker Celsius - CNBC
8/1/2022 12:00:00 AM2 years 9 months ago
by Amelia Lucas
by Amelia Lucas
PepsiCo announced Monday a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution deal with the smaller company.
PepsiCo announced Monday a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution deal with the smaller company. Shares of Celsius closed up 11% on the ne… [+1852 chars]
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