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.
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