News that Coca-Cola CEO James Quincey signed off on the $5.1 billion deal for international coffee brand Costa Coffee broke on Friday, August 31, 2018. The push into coffee follows Coca-Cola buying a stake in surging sports drink brand BodyArmor earlier in the month. Both deals are likely to prove lucrative says TheStreet.com's Brian Sozzi in the video above published Aug 31, 2018.
Principal domains: costacoffee.co.uk; coca-cola.com | starbucks.com
Investor Relations: coca-colacompany.com/investors | investor.starbucks.com
Coca-Cola $KO vs Starbucks $SBUX:
 |
| $KO |
 |
| $SBUX |
Financial Times (ft.com) video above about Coca-Cola agreeing to buy the Costa Coffee chain from UK leisure group Whitbread in a £3.9bn deal.
Coca-Cola CEO James Quincey on Costa Coffee
The Coca-Cola Co. video above published Aug 31, 2018: Coca-Cola President and CEO James Quincey Talks About Planned Acquisition of the Global Coffee Brandon Costa Coffee.
See also:
Tweets by CostaCoffee
