Strategy: Coca-Cola just spent $5.1 billion on a massive British coffee chain, setting the scene for a battle with Starbucks. Here's how the 2 chains compare. (KO, SBUX)

Strategy: Coca-Cola just spent $5.1 billion on a massive British coffee chain, setting the scene for a battle with Starbucks. Here's how the 2 chains compare. (KO, SBUX)

Coca-Cola announced on Friday that it would buy British coffee-shop chain Costa Coffee for $5.1 billion. Analysts say the move is likely to have a major impact on Starbucks, especially as it looks to grow in China, a region that both coffee chains are looking to expand in to drive sales.
Source: Strategy: Coca-Cola just spent $5.1 billion on a massive British coffee chain, setting the scene for a battle with Starbucks. Here's how the 2 chains compare. (KO, SBUX)

- gist culled from pulseng