Starbucks

Nestlé To Pay Starbucks $7bn In Global Coffee Alliance

Swiss-based food giant Nestlé will pay Starbucks $7.15 billion in cash for the rights to sell the US coffee chain's products around the world, tying...

Nestlé Close To Deal For Starbucks Bagged Coffee, Drinks Business

Nestlé, the world's largest coffee company, is close to a deal with Starbucks Corp for the part of its business that sells bagged coffee and drinks...

Lavazza ‘Turned Down JAB And Nestlé’ To Maintain Independence

Italian coffee maker Lavazza is determined to stay independent, one of its family owners said on Thursday, revealing the firm had rejected bid approaches f...

Nestlé Makes Packaging Pledge, But Greenpeace Unsure Of Benefits

Nestlé wants to make all of its packaging recyclable or reusable by 2025, becoming the latest food company to vow to reduce plastic waste, however,...

Unilever Completes Acquisition Of Starbucks' Tazo Tea

Consumer goods company Unilever has announced that it completed its acquisition of tea brand Tazo. The $384 million deal was announced last month, with...

Unilever To Buy Tazo Tea From Starbucks For $384 Million

Consumer goods giant Unilever has announced that it plans to acquire Starbucks' Tazo Tea brand in a $384 million deal. The tea business, which recorded...

Greencore Share Drop Linked To Starbucks Contract Loss

Greencore's recent share slump has reportedly been triggered by the loss of a major contract with US coffee firm Starbucks, according to The Irish Times....

China Millennials Swap Tea For Coffee As Starbucks Pushes East

At a Starbucks in downtown Beijing, Du Beibei is getting her lunch-break caffeine fix. Like many young Chinese, she’s chosen to sip a cup of coffee i...