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Browse all articles tagged with "investment news"
NewsDubai – Qahwa World Coca-Cola is reconsidering its coffee strategy after its $5.1 billion acquisition of Costa Coffee failed to deliver the expected results. CEO James Quincey admitted during the company’s recent earnings call that the “investment hypothesis didn’t work out as we expected.” The beverage giant had hoped Costa would drive significant growth beyond</p>
NewsDubai – Qahwa World US private equity firm Bain Capital has made an initial bid to acquire Costa Coffee from beverage giant The Coca-Cola Company, according to sources familiar with the matter. The bid was submitted through Bain Capital’s Special Situations unit, which has invested more than $17bn since its launch in 2018 and currently</p>
