3.8 • 950 Ratings
🗓️ 21 February 2025
⏱️ 6 minutes
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:08.1 | Good morning. Today is Friday, February 21st. I'm Julie Morgan. Celsie is by Zalani New. Japan pushes a Tesla-Nisson deal, |
| 0:18.3 | and when it comes to streaming, YouTube is giving you another option. |
| 0:24.1 | Celsius Holdings skyrocketed in late trading on Thursday after the company announced an |
| 0:29.1 | acquisition of Alani Nutrition LLC for $1.8 billion. |
| 0:34.1 | Alani Nu was founded in 2018 and is a female-focused brand that offers functional beverages and |
| 0:40.2 | wellness products targeting Gen Z and millennial consumers. John Finley, the chairman and CEO of Celsius, |
| 0:48.0 | expressed enthusiasm for the acquisition, highlighting the respect for Alani New's strong community |
| 0:54.0 | of supporters and authentic brand |
| 0:56.1 | partnerships. Financially, the acquisition is expected to enhance Celsius top-line growth and be cash |
| 1:03.3 | EPS accretive in the first year of ownership. Notably, the company anticipates achieving $50 million |
| 1:09.8 | in run-rate- costs synergies over two years |
| 1:13.1 | post-close. The energy drink deal has implications for PepsiCo as a holder of a large stake |
| 1:19.5 | in Celsius, as well as rivals Coca-Cola, Curric Dr. Pepper, Zivia, and Monster Beverage all competing |
| 1:27.2 | for beverage market share. |
| 1:29.3 | Celsius is up 35% in pre-market action. |
| 1:34.0 | A high-level Japanese group, including a former prime minister, is proposing that Tesla |
| 1:38.9 | invest in Nissan following the fallout of merger talks with Honda. |
| 1:42.9 | According to a Financial Times report that cites people with direct knowledge of the matter, |
| 1:48.0 | this initiative led by a former Tesla board member aims to position Tesla as a strategic investor, |
| 1:55.0 | particularly interested in acquiring Nissan's manufacturing plants in the U.S. |
| 2:00.0 | Merger talks with Honda were terminated last week, |
... |
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