Coca-Cola inks agreement to acquire coffee major Costa for $5.1 billion
date:Sep 03, 2018
coffee, Paul said.


Transaction details
The purchase price is 3.9 billion. This translates to approximately $5.1 billion. Upon the closing, The Coca-Cola Company will acquire all issued and outstanding shares of Costa Limited, a wholly-owned subsidiary of Whitbread. This subsidiary contains all of the existing operating businesses of Costa.

Whitbread will be seeking shareholder approval for the transaction, which is expected to take place by mid-October. The deal is subject to customary closin
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