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Coca-Cola in Talks With TDR to Salvage Costa Coffee Sale: FT

Coca-Cola Co. is holding last-ditch talks with TDR Capital this weekend as its proposed sale of Costa Coffee faces the risk of collapse, the Financial Times reported, citing people with knowledge of the matter.

A barista places a coffee on to a serving tray in a Costa Coffee shop, operated by Whitbread Plc, in London, U.K., on Wednesday, May 2, 2018. Whitbread is betting that its faster-growing Costa Coffee chain will compete more effectively against the likes of Starbucks Corp. once separated from the company's hotel business.
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