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Coca-Cola announced on Friday that it would buy British coffee-shop chain Costa Coffee for $5.1 billion. Analysts say the move is likely to have a major impact on Starbucks, especially as it looks to grow in China, a region that both coffee chains are looking to expand in to drive sales.
Costa Coffee, which Coca-Cola just bought for $5.1 billion, has outlets everywhere from Moscow to Vietnam — here’s what they look like
Costa coffee has just been bought by drinks giant Coca-Cola. Here's a slideshow, from the Philippines to Cairo, of some far-flung stores which make up Costa's 3,912 stores worldwide. Coca-Cola joining the coffee market means Starbucks may have to watch their backs...
Coca-Cola just spent $5.1 billion on a massive British coffee chain, and it sets the scene for a battle with Starbucks
Coca-Cola said on Friday it would buy British coffee-shop chain Costa for $5.1 billion. The news has sent shockwaves through the coffee world as analysts consider what the acquisition will mean for Starbucks.
Coca-Cola just bought a massive coffee chain for $5.1 billion, and it’s a huge bet on physical stores
Coca-Cola does not yet have any physical stores, but as it looks to grow beyond the world of soda, that is quickly changing. Costa Coffee has 3,882 stores in 32 countries.
Coca-Cola on Friday announced a surprise move to buy Costa Coffee, one of Europe's largest café chains, from Whitbread for £3.9 billion, or $5.1 billion.
This map shows the huge international reach of Costa Coffee, the mega-chain which Coca-Cola just bought for $5.1 billion
Coca-Cola has bought Costa coffee for $5.1 billion. Here's a map showing just how far spread the chain is worldwide. From Morocco to Poland, and one with views of the Sagrada Familia in Barcelona, check out what Coke's chance to challenge Starbucks may look like.
Goldman Sachs, Deutsche Bank, and Rothschild are all getting a slice of Coca-Cola’s game-changing $5.1 billion deal for Costa Coffee
Coca-Cola on Friday announced a shock deal to buy coffee chain Costa from its parent company Whitbread in a deal valued at just shy of $5.1 billion (£3.9 billion).
I visited the coffee chain that Coca-Cola just bought for $5.1 billion — and I have no idea why anyone goes there
Coca-Cola announced on Friday that it would buy the British coffee chain Costa Coffee for $5.1 billion. While financially the buyout might make sense, I can't work out why anyone goes to the coffee chain in the first place.
Coca-Cola just became a giant threat to Starbucks after buying one of Europe’s biggest coffee chains for $5.1 billion
Costa Coffee said Coca-Cola's offer was 16 times the chain's expected earnings for 2018. Coca-Cola wants to use the deal to expand into the coffee market, where it has no presence.
Reports of fecal bacteria in iced coffee at chains like Starbucks are a red flag for bigger problems, a scientist explains
The BBC's consumer affairs program found that samples of iced drinks at Starbucks and two other UK chains contained "varying levels of the bacteria."