(Feb 10): Coca-Cola Co will retain full ownership of Costa Coffee, but it’s reviewing the unit’s challenged business in China, the company’s chief financial officer said on Tuesday. The beverage maker had been considering bids for UK cafe operator Costa Coffee. “We have decided to continue to have Costa 100% owned inside our portfolio,” Coca-Cola chief financial officer John Murphy said in an interview on Tuesday. “There are no immediate plans to do anything with Costa other than to get it performing even better.”Murphy said certain core markets for Costa Coffee are doing well, but that the business in China has been “more challenging than we expected”. “We will be looking closely at the China business throughout 2026.”

Source: The Edge Markets February 10, 2026 14:30 UTC