The Coca-Cola Company to Acquire Costa

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Go back to The Coca-Cola Company to Acquire Costa

Coca Cola (KO) Costa Deal 'Very Positive' - Wells Fargo

August 31, 2018 3:28 PM EDT

Wells Fargo analyst Bonnie Herzog was "very positive" on Coca Cola's (NYSE: KO) $5.1 billion acquisition of Costa Limited.

Herzog said the deal: (1) doubles KOs total addressable market (from $0.8 trillion to $1.5 trillion); (2) fills a critical gap in its portfolio (by leveraging Costas already... More