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Stock impact report

Coca Cola Halts Costa Coffee Sale After Offers Fall Short [Yahoo! Finance]

Apollo Global Management, Inc. (New) (APO) 
Last apollo global management, inc. (new) earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: apollo.com/shareholders/overview
Company Research Source: Yahoo! Finance
after bids from private equity firms came in lower than expected, according to a report from the Financial Times. Warning! GuruFocus has detected 5 Warning Signs with AMD. Is KO fairly valued? Test your thesis with our free DCF calculator. The corporation is said to have stopped talking to the last bidders in December, halting an auction process that had been going on for months and attracted interest from many investment groups. TDR Capital, the owner of Asda, Bain Capital's special circumstances fund, Apollo Global Management, KKR, and Centurium Capital were all interested. Coca Cola bought Costa Coffee in 2018 for roughly $5.1 billion to get a bigger share of the global coffee market and compete with well-known brands like Starbucks and Nestle. But since the prices are lower than expected, Coca Cola is happy to keep the chain for now. The FT heard from people who know about the situation that the corporation would consider selling again later if the market improves. Costa Show less Read more
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