9 months after an aborted gross sales course of, US beverage big Coca-Cola is exploring choices once more, sources say
Lower than every week after it introduced a return to profitability and £1.3bn ($1.7bn) in annual revenues, UK-based Costa Espresso as soon as once more finds itself topic to sale hypothesis.
US drinks big Coca-Cola, which acquired Costa for $5.1bn in January 2019, first started exploring a sale of the UK espresso chain final Summer season, with then Coca-Cola CEO James Quincey conceding that the funding was “not the place we wished it to be”.
