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Coca-Cola inks agreement to acquire coffee major Costa for $5.1 billion
date:Sep 03, 2018
g conditions, including anti-trust approvals in the European Union (EU) and China. It is expected to close in the first half of 2019.

Coca-Cola expects the transaction to be slightly accretive in the first full year, not taking into account any impact from purchase accounting. For the fiscal year 2018 (ending March 1, 2018), Costa generated revenue and earnings before interest, taxes, depreciation and amortisation (EBITDA) of 1.3 billion and 238 million, respectively. This equates to roughly $1

12/24 00:09