Coca-Cola reportedly abandons plans to sell Costa Coffee chain

Costa had revenues in Ireland of €115.2m in 2024

EMBARGOED TO 0001 THURSDAY JUNE 18 Undated handout photo issued by Costa Coffee of one of their sign, as thousands of their caf??s will be opening their doors by the end of June after three months of closure.

Coca-Cola has reportedly abandoned plans to sell its Costa Coffee chain after bids from private equity firms failed to meet its expectations.

The US soft drinks company halted discussions with remaining bidders in December, according to the Financial Times, ending a months-long auction process.