Coca Cola may sell Costa Coffee after eight years of ownership
Coca Cola is considering selling Costa Coffee, which it bought for £4bn in 2016. Private equity firms are reportedly interested, and store closures may follow.
Why it matters
The sale could affect Costa employees and customers if stores close or ownership changes.
Potential buyers
Private equity firms are believed to be in talks to acquire Costa Coffee.
Ownership history
Coca Cola acquired Costa Coffee in 2016 for £4bn, marking its first major move into the coffee sector.
Common questions
Could this sale affect Costa Coffee stores?
Store closures are a possibility if the sale to private equity firms proceeds.
Sources
- Coca Cola looking to sell Costa Coffee eight years after £4bn takeover This is Money · thisismoney.co.uk
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