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Author Topic: Nestle and Starbucks strike $7.15 billion coffee licensing deal  (Read 276014 times)

Eminem

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Nestle and Starbucks strike $7.15 billion coffee licensing deal
« on: May 07, 2018, 06:14:01 PM »
Nestle and Starbucks strike $7.15 billion coffee licensing deal

LOS ANGELES/LONDON (Reuters) - Swiss-based Nestle , the world's largest food and beverage company, will pay Starbucks Corp $7.15 billion in cash for exclusive rights to sell the U.S. chain's packaged coffees and teas around the world, tying a premium brand to Nestle's global distribution muscle.



Source: Nestle and Starbucks strike $7.15 billion coffee licensing deal
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FriedaJeff

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MargieC05

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