Coca-Cola scraps Costa Coffee sale after bids fall short
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Why This Matters
Coca-Cola has decided to scrap the sale of its Costa Coffee chain after bids fell short of its expected £2 billion price tag, a significant drop from the £3.9 billion it paid for the UK coffee chain in 2018.
Market Impact
Market impact analysis based on bearish sentiment with 80% confidence.
Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Coke had been seeking about £2bn after paying £3.9bn for UK coffee chain in 2018
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Full article on Financial Times
Original article published by
Financial Times
on January 14, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.