In the company’s latest annual report, global CEO Philippe Schaillee stated the loss was driven by “challenging conditions ...

Coca-Cola is getting a $5 billion shot of caffeine. The company has agreed to buy coffee chain Costa Coffee from UK drinks and hotels group Whitbread for £3.9 billion ($5.1 billion). Other WRAL Top ...

The company’s plan to sell Costa Coffee is close to falling apart, according to a report by The Financial Times. The Coca-Cola Company (NYSE:KO) held what were meant to be last-ditch talks with ...

Coca-Cola's foray into coffee is losing its buzz. Now, the drink giant is rethinking its approach, its CEO said. Seven years ago, Coke paid about $5.1 billion for Costa Coffee, a UK-based chain of ...

Soft-drink giant Coca-Cola working with investment bank Lazard to review options, including a potential sale, of British coffee chain Costa, a source familiar with the matter told Reuters on Sunday.

Coca-Cola Company (NYSE:KO) is reportedly preparing to sell the Costa Coffee chain in a deal that would be struck at a price far below the $4.9 billion price tag that the business was acquired in 2018 ...

Coca-Cola (KO) bet big on Costa Coffee. Now it's rethinking the whole deal. "Our investment in Costa is not where we wanted it to be from an investment hypothesis point of view," CEO James Quincey ...

The new financial filings from Companies House show they are up on £5.8m operating losses of the previous year and are in ...

LONDON — As consumers shy away more and more from sugary soft drinks, Coca-Cola is betting on a new way to cater to them: Serve them coffee. The U.S. beverage titan said Friday that it planned to buy ...

ATLANTA--(BUSINESS WIRE)-- The Coca-Cola Company announced today that innocent Drinks and Costa Coffee will report to the company’s Europe operating unit, effective Jan. 1, 2025. These organizational ...