Monday, 7 May 2018

Nestle to pay Starbucks $7.15 billion in global coffee alliance

LONDON/ZURICH (Reuters) - Swiss-based food giant Nestle will pay Starbucks $7.15 billion (5.3 billion pounds) in cash for the rights to sell the U.S. coffee chain's products around the world, tying a premium brand to Nestle's global distribution muscle.


from Reuters: Top News http://uk.reuters.com/article/uk-startucks-m-a-nestle/nestle-to-pay-starbucks-7-15-billion-in-global-coffee-alliance-idUKKBN1I80C8?feedType=RSS&feedName=topNews

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