The beverage company only needs the approval from EU and Whitbread’s pension fund trustees.
Coca-Cola has obtained the regulatory approval in China for the proposed acquisition of Costa Coffee from Whitbread for £3.9 billion.
According to a report by This is Money, the beverage company is now seeking the approval in EU and from Whitbread’s pension fund trustees for the acquisition to take place.
Last October, Whitbread announced that their shareholders have approved of the takeover whereas 99.27% voted in favour.
(Photo credit: Costa Coffee Facebook)
Join
QSR Media Asia
community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!