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Tag Archives: Food and Beverage

Coke and Cannabis: Coca-Cola in Talks With Aurora

Aurora Cannabis Logo

The Coca-Cola Co. is in “serious talks” with Aurora Cannabis Inc. to develop cannabis-infused beverages, a groundbreaking move that would signal a significant foray into the marijuana sector by one of the world’s most iconic consumer brands, multiple sources familiar with the matter told BNN Bloomberg. Bloomberg

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Coca-Cola Buying British Coffee Chain Costa

Cup of Costa Coffee With Espresso Machine

Coca-Cola is to buy the Costa coffee chain from owner Whitbread in a deal worth just over $5 billion (£3.9bn). Whitbread bought Costa, which is now the UK’s biggest coffee chain in 1995. At the time, it had just 39 outlets. It now has more than 2,400 UK coffee shops, …

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PepsiCo To Buy SodaStream

SodaStream Bottle

Beverage and snack giant PepsiCo announced plans Monday to acquire at-home carbonated drink maker SodaStream for $3.2 billion. Purchase, New York-based PepsiCo agreed to pay $144 per share in cash for SodaStream’s outstanding stock, a 32 percent premium to its 30-day volume weighted average price.   CNBC

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