Celsius

Celsius Secures $1 Billion Debt Financing for Alani Nu Acquisition

3 months ago

In a significant move within the beverage industry, Celsius Holdings Inc. has successfully secured a remarkable $1 billion debt financing deal aimed primarily at facilitating the acquisition of Alani Nu, a popular wellness beverage brand. This strategic financing arrangement highlights Celsius's aggressive expansion plans as it aims to strengthen its market presence and diversify its product offerings.

Celsius Holdings Acquires Alani Nu for $1.8 Billion: A Game-Changer in the Energy Drink Sector

4 months ago

In a significant move within the beverage industry, Celsius Holdings, a prominent player in the energy drink market, has announced its acquisition of rival Alani Nu for an astounding $1.8 billion. This strategic purchase aims to enhance Celsius's position in a continuously evolving marketplace and broaden its product offerings to cater to a burgeoning consumer demand for healthier energy alternatives.

Global Temperature Set to Reach Unprecedented Levels Exceeding 1.5°C

6 months ago

In a startling announcement from meteorologists and climate scientists, it is projected that global temperatures will soar to the highest levels ever recorded, surpassing the critical threshold of 1.5°C above pre-industrial averages. This alarming forecast not only underscores the escalating impacts of climate change but also signals an urgent call to action regarding carbon emissions and environmental policies worldwide.

Alex Mashinsky, Former Celsius CEO, Set to Plead Guilty in Major Fraud Case

6 months ago

In a significant development in the cryptocurrency sector, Alex Mashinsky, the ex-CEO of the Celsius Network, is expected to plead guilty to charges of fraud in a federal court in the United States. The charges stem from allegations that he misled investors about the viability of his company, which once managed about $25 billion in assets before declaring bankruptcy in July 2022.