PepsiCo to boost stake in energy drink maker Celsius, Bloomberg News reports
29/08/2025 11:56
Aug 29 (Reuters) - PepsiCo PEP.O is increasing its stake in Celsius Holdings CELH.O through a $585 million deal, Bloomberg News reported on Friday, citing people familiar with the matter. PepsiCo had paid $550 million in 2022 for an 8.5% stake in Celsius. The companies did not immediately respond to Reuters' requests for comment. (Reporting by Anshi Sancheti; Editing by Shilpi Majumdar)
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