Coca-Cola considers grounds for sale of Costa Retail Soft drinks giant Coca-Cola has called in bankers for exploratory talks regarding a sale of coffee chain Costa. The Coca-Cola company, which acquired Costa over six years ago, has held talks with a number of potential bidders including private equity firms, according to Sky News. Investment bank Lazard is working with the firm to explore [...]
Shares in Cola-Cola’s European bottling arms slump despite strong results Retail Coca-Cola’s European arm, Coca-Cola Europacific Partners, and its bottling partner, Coca-Cola HBC, both slumped on the stock exchange this morning after the former downgraded its revenue guidance. The European business fell more than 11 per cent in early trades on the London Stock Exchange, while the bottling business dropped more than seven per cent. Coca-Cola [...]
