Market News / Story

Coca-Cola looking to sell Costa Coffee again - Semafor

Seeking Alpha ·

Seeking Alpha reports: Coca-Cola is again exploring a sale of British coffee chain Costa Coffee after it reportedly ended a sales process last December. At least one strategic buyer considered a potential deal before passing due to valuation and strategic concerns, according to a Semafor report on Thursday, which cited people familiar with the matter. It wasn't known what price Coca-Cola may be looking to get in a sale. Coca-Cola did not return a request for comment from Semafor. The soft…

VIEW SOURCE

Back to news