Coca-Cola looks to sell Costa Coffee again, Semafor reports
Coca-Cola is looking to sell Costa Coffee again, reviving a bid to unwind its ~$5bn purchase of the British coffee chain, Semafor reports.
Markets
Delayed · 01:07 UK
Financial News
Martin Holloway spent the better part of two decades on bank trading floors in the City before he started filing copy. He read Economics at a redbrick university, joined a graduate scheme at one of the UK clearers in the late 1990s, and moved across to fixed income early in his career. The bulk of his time was on macro desks at European banks, running short-end and cross-asset positions through the 2008 crisis and the long grind of the post-crisis rates regime. He stepped off the desk toward the end of the last decade, did a stint consulting on the buy side, and started writing in 2020. He covers the bits of the City he actually knows: rates, FX, UK banks, gilt issuance, and the corporate news that moves them. He has a working theory about why nobody on the sell side saw the 2022 gilt crisis coming, and is happy to share it at moderate length. Martin lives in the South East with his family. He reads the FT in the morning out of habit rather than affection, and treats most market commentary as marketing collateral written by people who have never held risk overnight.
Covers
131–140 of 690
Coca-Cola is looking to sell Costa Coffee again, reviving a bid to unwind its ~$5bn purchase of the British coffee chain, Semafor reports.
Devon Energy's Eagle Ford asset sale to Crescent Energy is billed at $4.2bn, but Crescent's own filing books it at $3.85bn net.
The investment case for a James Fisher shares re-rating rested on one division delivering results the rest of the business could not, and the group's half-year figures bore that out.…
Micron Taiwan strike vote passes 99% as the Taoyuan union demands 15% of profit, even as Micron posts record earnings and MU shares hold near highs.
GSK (LSE: GSK) has emerged as a popular passive income stock on ISA platforms through August, appearing in the top 10 most-bought lists alongside financial-sector stalwarts such as Legal &…
The London Stock Exchange's FTSE 100 record high of 10,989 points is within striking distance after the index logged five consecutive days of gains, touching 10,875 by 11:45am on Tuesday,…
Constellation Brands earnings beat forecasts in Q2 FY27, with GAAP guidance raised even as comparable EPS targets were only reaffirmed.
The National Wealth Fund has committed up to £71m to Tungsten West (LON: TUN) in a Tungsten West NWF investment that targets a full restart of the Hemerdon tungsten-tin mine…
The Naked Wines AGM update on 3 September 2026 arrives at an awkward moment: the direct-to-consumer wine group closed its financial year with cash on the balance sheet but a…
Netlist and Micron end their patent dispute with a $600m licensing deal, the second such settlement for Netlist this year after Samsung.
Page 14 of 69