Coca-Cola Acquires Costa In $5.1-Billion Deal

Coca-Cola Acquires Coffee Chain Costa In $5.1-Billion Deal

Whitbread acquired Costa in 1995 for 19 million pounds when it had only 39 shops. Coca-Cola Co has agreed to buy the world’s second largest coffee chain Costa from Britain’s Whitbread Plc for $5.1 billion including debt, opening a new front in its push into healthier markets. The two companies said on Friday that Coke,…

Translate »