Cooley advised Katy Hearn and Haydn Schneider, co-founders of Alani Nutrition (Alani Nu), in connection with Celsius Holdings’ (Nasdaq: CELH) definitive agreement to acquire Alani Nu for $1.8 billion, comprising a mix of cash and stock. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close in the second quarter of 2025.