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Nestle is paying $7.2 billion to sell Starbucks coffee

Sovereign American by Sovereign American
May 8, 2018
0
Nestle is paying $7.2 billion to sell Starbucks coffee

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Inside the first ever Starbucks store

Nestle and Starbucks are teaming up to create a “global coffee alliance.”

Under the deal, Nestle (NSRGF) will pay $7.2 billion to market, sell and distribute Starbucks’ (SBUX) packaged coffees and teas around the world, the companies said Monday.

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