Coca-cola’s $5.1 Billion Deal to Buy UK Coffee Chain is Approved By Whitbread Shareholders

From www.cnbc.com

Whitbread obtained shareholder approval for its proposed sale of its coffee chain Costa to Coca-Cola for an enterprise value of £3.9 billion ($5.1 billion) at a general meeting held in London.

On Thursday morning, Whitbread announced that 99.27 percent of its shareholders voted to approve the sale.

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