Motilal Oswal
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Motilal Oswal
Feb 13, 2019 10:58 PM IST | Retail

Nestle set to sell first Starbucks coffee under $7.15 billion deal

After last year's $7.15 billion cash deal for exclusive rights to sell the US chain's coffees and teas, Nestle will start selling Starbucks labelled coffee beans, roast and ground coffee and single-serve capsules for its Nespresso and Nescafe Dolce Gusto coffee makers.
These will be available at grocery stores and online in 14 markets, including Belgium, Brazil, Chile, China, Mexico, the Netherlands, South Korea, Spain and Britain, with more markets following later this year, the world's biggest food group said on Wednesday.
Nestle set to sell first Starbucks coffee under $7.15 billion deal
Published Date: Feb 14th, 2019 05:30 AM | Updated Date: Feb 13, 2019 10:58 PM IST
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