Coca-Cola Wants Out: Is the $5.1 Billion Costa Coffee Experiment Over?
Coca-Cola is reportedly exploring a sale of Costa Coffee after struggling to achieve growth following its $5.1B deal.
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Why It Matters
Coca-Cola bought Costa Coffee for a lot of money but it did not grow much. When a big purchase does not work out, companies think about selling it to get cash back.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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