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Wall Street Breakfast

Celsius surges on Alani Nu deal

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 21 February 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

Beverage jolt: Celsius (CELH) skyrockets after inking deal to acquire Alani Nu. (00:24) Nissan (NSANY) to seek investment from Tesla (TSLA) after fallout with Honda (HMC) - report. (01:34) YouTube (GOOGL) (GOOG) plans to roll out 'premium lite' in major markets - report. (02:46)

Episode transcripts seekingalpha.com/wsb.

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Transcript

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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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