News — US — Starbucks

Starbucks pours cold water on Chipotle acquisition reports

Speculation over building a potential new global QSR giant largely focused on the experience and leadership of current Starbucks CEO Brian Niccol

A Chipotle store in Kansas, US | Photo: Chipotle

Speculation over building a potential new global QSR giant largely focused on the experience and leadership of current Starbucks CEO Brian Niccol

Starbucks has denied it plans to take over Mexican-inspired QSR chain Chipotle, putting an end to rumours that briefly caused a buzz among the share prices of both businesses.

Unlock Allegra Premium News & Insights

£29 £15/month
Paid upfront yearly.
What you get:
Curated global coffee news & independent editorial features
5THWAVE, the leading B2B coffee & hospitality magazine
Market trend data analysis powered by the latest World Coffee Portal research
In-depth interviews with CEOs, industry experts & entrepreneurs
Weekly Coffee Dose essential industry news briefing
Coffee 24/7, breaking industry news bulletins
Exclusive market infographics & data downloads
Subscribe for just £29 £15

Already have an account? Sign In

Join 650,000+ coffee professionals worldwide.

Latest