Archive · 14 Dec 2025
Coca-Cola Talks with TDR Capital to Save Costa Coffee Deal
Coca-Cola is trying to sell Costa Coffee, a coffee chain it bought in 2018.
They chose TDR Capital as the buyer, but they can't agree on the price.
If they don't agree, the deal might not happen.
Coca-Cola wants to keep a small part of Costa Coffee.
They are talking this weekend to try to fix the problem.
A long time ago, Coca-Cola bought Costa Coffee for a lot of money, and now they want to sell it.
A news report said this, but Coca-Cola and TDR Capital didn't say anything about it.
Coca-Cola's sale of Costa Coffee to TDR Capital is at risk due to price disagreements.
TDR Capital was selected as the preferred bidder but talks have stalled.
Coca-Cola aims to retain a minority stake in Costa Coffee.
Coca-Cola was reportedly working with Lazard to review options for Costa Coffee.
Costa Coffee was acquired by Coca-Cola from Whitbread in 2018 for $5.1 billion.
- Who
- Coca-Cola, TDR Capital, Costa Coffee
- What
- Potential collapse of Costa Coffee deal due to price disagreements
- When
- Last-ditch talks held this weekend (December 14, 2025)
- Where
- Global (primarily involving US and UK companies)
- Why
- Disagreements over the price of the deal
- Companies Involved
- Coca-Cola, TDR Capital, Costa Coffee
- Preferred Bidder
- TDR Capital
- Deal Status
- At risk of collapsing
- Coca-Cola's Stake
- Minority stake in Costa Coffee
- Original Purchase Price
- $5.1 billion (2018)
- Investment Bank Involved
- Lazard
- Reporting Source
- Financial Times