UK > US based Coca- Cola to invest £3.9 billion ($ 5.1 billion) to acquire UK based Costa Coffee

Coca cola USA based Coca- Cola is set to invest £3.9 billion ($ 5.083 billion) to acquire UK based Costa Coffee entering the coffee market. Whitbread which owns Costa coffee chain is focusing instead on growth opportunities for its Premier Inn hotel business in UK and Germany. Whitbread acquired Costa coffee in 1995 for £19 million ($24.8 million) having only 39 shops More …