The Coca-Cola Company (KO) agreed to acquire Costa, a coffee shop chain owned by UK-based Whitbread Plc, for $5.1 billion. Costa, which is one of Starbucks’ chief rivals, has a presence in more than 30 countries and achieved $1.6 billion in revenues during its recently-ended fiscal year. The deal, which is expected to close in … Continue reading Coca-Cola brews something new with Costa