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General Category => America and australia => USA => Topic started by: Eminem on May 07, 2018, 06:14:01 PM

Title: Nestle and Starbucks strike $7.15 billion coffee licensing deal
Post by: Eminem 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 (http://feeds.reuters.com/~r/reuters/businessNews/~3/j-t4Lv7Xf6M/nestle-and-starbucks-strike-7-15-billion-coffee-licensing-deal-idUSKBN1I80CG)

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