By John Glenday

The board of British multinational Whitbread have unanimously agreed to a £3.9bn takeover of its Costa Coffee subsidiary by Coca-Cola, as it prioritises growth at its Premier Inn brand in the UK and Germany.

For its part, Coca-Cola is keen to broaden its beverage range from soft drinks to coffee having already introduced a range of Japanese alco-pops.

Speaking to the BBC’s Today programme, Whitbread chief executive Alison Brittain said she expected Coca-Cola to put its new asset to work straight away by creating a new line in ‘ready to drink cold Read full story ›

Source: The Drum