Coca‑Cola scraps plans to sell Costa Coffee: Report

Coca-Cola has cancelled plans to sell its Costa Coffee chain after offers from private equity firms didn't match expectations, the FT reported. TDR Capital and a Bain Capital fund were reportedly in talks with the beverage giant for buying the chain. Coca-Cola was seeking around $2.6 billion for Costa Coffee, which it bought for around $4.9 billion in 2019.