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Coca-Cola: Possible Sale of Costa Coffee

CEO Quincey had expressed disappointment with the results of the UK chain acquired in 2018

Coca-Cola is reportedly working with investment bank Lazard to explore all options—including the sale—of the British coffee chain Costa Coffee, Reuters reports. Neither the companies nor the bank involved in the transaction have yet commented on the rumors. Indicative offers are expected in early fall, although a source revealed that Coca-Cola may still decide not to proceed with the sale.According to...

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EFA News - European Food Agency
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