Coca-Cola reportedly weighs selling Costa Coffee again

On October 8 local time, according to reports, people familiar with the matter said Coca-Cola is again seeking to sell its Costa Coffee business. The previous sale process had stalled earlier this year and has now been stalled for months. The report said at least one strategic acquirer had considered a transaction to acquire Costa but abandoned it over valuation and strategic issues. It remains unclear what price Coca-Cola might seek if it more aggressively markets the asset this time. (Jiemian News)

Source: Tonghuashun 7×24 flash

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