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31-08-2018, 07:47 AM
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[Whitbread acquired Costa in 1995 for £19m when it had 39 shops. It now has
more than 2,400 outlets and is embarking on an overseas expansion.] [On the one hand £3.9bn is an undeniably rich valuation and likely far better than Costa could achieve as an independently listed company, valuing its earnings higher than those of the mighty Starbucks.]  https://news.sky.com/story/whitbread...-39bn-11486222 Mega sale to Coca Cola. Last edited by arista; 31-08-2018 at 07:48 AM. |
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Whitbread to sell Costa Coffee to Coca-Cola for £3.9bn
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