According to a Sky News report, Coca-Cola is expected to receive initial offers for the sale of Costa Coffee in early autumn, but it is also stressed that a sale is not guaranteed.

Aug 24 (Reuters) - U.S. soft drinks company Coca-Cola (KO.N) is working with investment bank Lazard to review options, including a potential sale, of British coffee chain Costa, a source familiar with the matter told Reuters on Sunday.

Reuters reported the firm is working with investment bank Lazard (NYSE: LAZ) to review potential options. A weekend report from Sky New said Coca-Cola held initial talks with some potential bidders for Costa, including private equity firms. Indicative offers are expected by early autumn, but a sale is not definite, the reports said.

Coca-Cola is in talks to sell Costa Coffee as rising costs hit profits, highlighting the coffee chain’s ongoing struggles and the company’s shift to focus on its core beverage business.

U.S. soft drinks company Coca-Cola is working with investment bank Lazard to review options, including a potential sale, of British coffee chain Costa, which it acquired in 2018 for over $5 billion, Sky News reported on Saturday.

Coca-Cola is in talks with investment bank Lazard to review options involving a £2 billion ($2.7 billion) sale of Costa Coffee. The soft drink company had acquired the Costa brand in 2018 from Whitbread,

Coca-Cola is reportedly exploring a sale of Costa Coffee at around £2bn. Explore the supply chain and operational implications for the global coffee sector.

As Coca-Cola is reportedly exploring a £2bn sale of Costa Coffee (Sky News), questions are being asked about what this means for Britain’s high street and the

The Coca-Cola Company (NYSE:KO) has initiated discussions with a handful of potential bidders, including private equity firms, in an attempt to sell Costa, the largest high street coffee chain in Britain,

Coca-Cola is exploring a sale of Costa Coffee, according to two people familiar with the matter, after rising costs and competition from upscale competitors dented the company’s performance.