Coca-Cola buys British coffee chain Costa for $5.1 billion

Coca-Cola is hoping to give itself another caffeine-fueled boost. The company said Friday it will buy the Costa coffee brand from British firm Whitbread for 3.9 billion pounds ($5.1 billion) in cash. Costa is Britain’s biggest coffee company, with over 2,400 coffee shops in the U.K. and another 1,400 in more than 30 international markets.


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