Coca-Cola exploring sale of Costa Coffee


People walk outside a Costa coffee shop in London, Britain, March 4, 2023. REUTERS/Henry Nicholls

NEW YORK: US soft drinks company Coca-Cola is working with investment bank Lazard to review options, including a potential sale, of British coffee chain Costa, which it acquired in 2018 for over US$5bil, Sky News reports.

Reuters could not immediately verify the report. Coca-Cola, Costa, and Lazard did not immediately respond to requests for comment.

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Coca-Cola , Lazard , Costa , sale , coffee , F&B

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