PepsiCo has increased its stake in energy drink maker Celsius Holdings through a $585 million deal, the companies said on Friday. The deal, under which the soda giant bought 5% of Celsius' preferred ...

PepsiCo is leaning further into energy drinks, increasing its stake in Celsius Holdings to 11% in a $585 million deal. PepsiCo will distribute Celsius’ “female-focused” Alani Nu brand in the U.S. and ...

PepsiCo has boosted its stake in Celsius Holdings as part of a multi-faceted deal that sees the energy-drinks business acquire brand rights to Rockstar. The move increases PepsiCo's stake in Celsius ...

Aug 29 (Reuters) - PepsiCo (PEP.O), opens new tab has raised its stake in Celsius Holdings (CELH.O), opens new tab through a $585 million deal, as the global soda and snacks maker strengthens its ...

PepsiCo purchased more stake in Celsius in a deal worth $585 million Celsius Holdings Inc (NASDAQ:CELH) stock is trading at 52-week highs today, after PepsiCo (PEP) increased its stake in the energy ...

Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.