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Coca Cola (KO) to Acquire Costa Limited from Whitbread PLC for $5.1B
August 31, 2018 5:42 AM EDTThe Coca-Cola Company (NYSE: KO) today announced that it has reached a definitive agreement to acquire Costa Limited, which was founded in London in 1971 and has grown to become a major coffee brand across the world.
The acquisition of Costa from parent company Whitbread PLC is valued at $5.1 billion and will give Coca-Cola a strong coffee platform across parts of Europe, Asia Pacific, the Middle East and Africa, with the opportunity for additional expansion. Costa operations include... More
