PepsiCo holds $550 million stake in power drink maker Celsius

Energy Drinks C Courtesy: Celsius Holdings PepsiCo on Monday announced a $550 million investment in the energy drink maker C Holdings as part of a long-term distribution agreement with a smaller company. Shares of Celsius jumped 8% in morning trading on the news, bringing its market value to $6.7 billion. Celsius is hoping to add … Read more