11-October-2026
Corporate News
 
Coca-Cola looks to sell Costa Coffee, Semafor reports
09-Oct-2026

Coca-Cola is seeking to unwind its $5 billion acquisition of British coffeehouse Costa Coffee after a sales process failed earlier this year, Semafor reported on Thursday, citing people familiar with the matter. Here are some more details: Coca-Cola had scrapped its plans to sell Costa earlier this year after the offers from private equity firms came in below expectations, the Financial Times reported in January.

News Source:- https://economictimes.indiatimes.com/news/international/business/coca-cola-looks-to-sell-costa-coffee-semafor-reports/articleshow/134804955.cms