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Costa Coffee bids fall below Coca-Cola’s expectations, sources say

Rumoured frontrunner Apollo Global Management has ended its interest in the 4,100-store coffee chain, with preliminary bids valuing Costa below Coca-Cola’s expectations

A Costa Coffee store in Heathfield, South Ayrshire, UK | Photo credit: Costa Coffee

Rumoured frontrunner Apollo Global Management has ended its interest in the 4,100-store coffee chain, with preliminary bids valuing Costa below Coca-Cola’s expectations

Coca-Cola Company is facing a potential multi-billion-dollar loss on the sale of Costa Coffee. 

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