financetom
Business
financetom
/
Business
/
PepsiCo boosts stake in energy drink maker Celsius in $585 million deal
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PepsiCo boosts stake in energy drink maker Celsius in $585 million deal
Aug 29, 2025 4:13 AM

(Reuters) - PepsiCo ( PEP ) has increased its stake in energy drink maker Celsius Holdings ( CELH ) through a $585 million deal, the companies said on Friday.

PepsiCo ( PEP ) had paid $550 million in 2022 for an 8.5% stake in Celsius.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
CAE Books Impairment Charges, Issues Preliminary Fiscal Q4 Results, Names New COO
CAE Books Impairment Charges, Issues Preliminary Fiscal Q4 Results, Names New COO
May 21, 2024
06:00 PM EDT, 05/21/2024 (MT Newswires) -- CAE (CAE) late Tuesday said it will record a $568 million non-cash goodwill impairment charge in its fiscal Q4 results as part of a broader re-baselining of its defense business to reflect recent adjustments to eight fixed-price contracts. The Montreal-based defense and aviation contractor will book a $90.3 million negative adjustment to its...
Kalvista Pharmaceuticals Insider Sold Shares Worth $258,337, According to a Recent SEC Filing
Kalvista Pharmaceuticals Insider Sold Shares Worth $258,337, According to a Recent SEC Filing
May 21, 2024
06:01 PM EDT, 05/21/2024 (MT Newswires) -- Benjamin L Palleiko, Director, CEO, on May 17, 2024, sold 21,959 shares in Kalvista Pharmaceuticals ( KALV ) for $258,337. Following the Form 4 filing with the SEC, Palleiko has control over a total of 216,387 shares of the company, with 216,387 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1348911/000141588924014001/xslF345X03/form4-05212024_090551.xml ...
Injured passengers on Singapore Airlines face varied compensation
Injured passengers on Singapore Airlines face varied compensation
May 21, 2024
May 21 (Reuters) - Passengers injured by severe turbulence on a Singapore Airlines flight on Tuesday are likely eligible for compensation, but the amount each receives could differ dramatically even for identical injuries due to an international treaty. One passenger died and the airline said 30 passengers were treated for injuries after a flight from London to Singapore made an...
Shaken passengers arrive in Singapore after turbulence-hit flight
Shaken passengers arrive in Singapore after turbulence-hit flight
May 21, 2024
By Kokkai Ng and Joseph Campbell SINGAPORE, May 22 (Reuters) - Many passengers on a Singapore Airlines flight hit by heavy turbulence which left dozens injured and one dead from a suspected heart attack finally reached Singapore on Wednesday morning. Dozens of passengers quietly filed off a Singapore Airlines jet, mostly ignoring media awaiting their arrival. Some responded to shouted...
Copyright 2023-2026 - www.financetom.com All Rights Reserved