Newsquawk Logo

Coca-Cola (KO) has ditched plans to sell Costa Coffee after bids from private equity suitors fell short of its expectations, FT reports citing sources

Coca-Cola's decision to abandon the sale of Costa Coffee indicates that the offers from private equity were not aligned with their valuation expectations.

Newsquawk StaffPublished On the live feed at — 2 more headlines followed before this page went public
Newsquawk headlinesUTC

Saks Global files for Chapter 11 bankruptcy in Texas, Bloomberg reports

[MARKET UPDATE] Shanghai Comp. has completely reversed its earlier gains and is now -0.4% following margin requirement adjustment

Coca-Cola (KO) has ditched plans to sell Costa Coffee after bids from private equity suitors fell short of its expectations, FT reports citing sources

[MARKET UDPATE] Shanghai Comp. and Hang Seng saw immediate downside following the announcement that China's stock exchange are to adjust margin requirements; Shanghai Comp. fell from 4188 to 4159 but remains in the green

South Korean Finance Minister says volatility is increasing in the FX market; to seek near-term responses to ease volatility and make efforts to improve economic fundamentals

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free
Free. No signup, no card.
Context

This move suggests that Coca-Cola may retain its focus on its core brand identity and growth potential for Costa, which could stabilize its strategy in the beverage market and mitigate volatility in its stock. Investors might interpret this as a commitment to long-term value rather than short-term gain, affecting sentiment around KO stock accordingly.

External

Related headlines

The whole workspace, free to try.

Try it free
Newsquawk Logo

© 2026 Newsquawk. All rights reserved.