Coca-Cola exploring sale of Costa Coffee, Sky News reports ...Middle East

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Reuters could not immediately verify the report. Coca-Cola, Costa, and Lazard did not immediately respond to requests for comment.

The report said indicative offers are expected in early autumn, while noting that Coca-Cola may ultimately choose not to proceed with a sale.

Coca-Cola acquired the chain more than six years ago to strengthen its push into healthier beverages and compete with Starbucks and Nestle in the global coffee market.

In the United States, food companies are seeking healthier substitutes as they respond to Health Secretary Robert F. Kennedy Jr.’s Make America Healthy Again campaign. In July, President Donald Trump said Coca-Cola had agreed to use real cane sugar in the United States - REUTERS

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