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Nestle Set To Sell First Starbucks Coffee Under $7.15 Billion Deal

From businessinsider.com

Nestle will sell Starbucks-branded coffee at grocery stores and online in Europe, Asia and Latin America from this month as it seeks to increase its lead over rivals such as JAB.

After last year’s $7.15 billion cash deal for exclusive rights to sell the U.S. chain’s coffees and teas, Nestle will start selling Starbucks labeled coffee beans, roast and ground coffee and single-serve capsules for its Nespresso and Nescafe Dolce Gusto coffee makers.

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