-
Pepsi Cozied Up To Celsius: What's Next For Coca-Cola/Monster? Access To Alcohol Via The Backdoor?
Monday, August 8, 2022 - 4:04pm | 1115Activity in the energy drink market could pick up after a recent investment and distribution deal between PepsiCo Inc (NYSE: PEP) and Celsius Holdings Inc (NASDAQ: CELH). The deal could help Pepsi make up for losing distribution of Bang, but also creates the question of what’s next for rivals...
-
Could PepsiCo Buy Out Celsius Holdings Or Monster Beverage? Why M&A In Energy Drinks Market Is Heating Up
Friday, June 24, 2022 - 1:58pm | 973As beverage companies compete to grow their non-carbonated drinks divisions, energy drink companies have often been subject to buyout rumors. A terminated distribution agreement between an energy drink company and a leading beverage company is leading to more merger and acquisition speculation in...
-
Cowen: Bang's Popularity Continues To Weigh On Monster Energy's Market Share
Thursday, October 17, 2019 - 2:47pm | 314Monster Beverage Corp (NASDAQ: MNST) is seeing pressure from the viral popularity of its competitor, Bang. The Analyst Cowen analyst Vivien Azer downgraded the stock from Outperform to Market Perform and lowered her price target from $69 to $65. The Thesis Highly popular energy drink, Bang, is...