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Coca-Cola Nears $1.3B Deal to Sell Costa Coffee to China’s Centurium Capital

Coca-Cola Nears $1.3B Deal to Sell Costa Coffee to China’s Centurium Capital

Author:

Global Cryptocurrency

Published:

2025-11-13 20:06:02

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BTCCSquare news:

Coca-Cola's shares showed little movement amid reports of a potential $1.3 billion sale of its Costa Coffee chain to Centurium Capital, a Chinese private equity firm with ties to Luckin Coffee. The deal, if finalized, WOULD mark Centurium's first major European investment and could expand Luckin's competitive reach into the UK market.

Discussions remain preliminary, with no confirmed bid structure or guarantee of a formal offer. The transaction has attracted multiple interested parties, reflecting Costa Coffee's estimated valuation. This MOVE could intensify pressure on Starbucks, which already faces stiff competition from Luckin in China.

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