BREAKING: Coca-Cola buys coffee chain Costa for £3.9bn

Coca-Cola on Friday said it had agreed to buy global coffee chain Costa from its owner Whitbread for £3.9 billion ($5.1 billion).

“Hot beverages is one of the few remaining segments of the total beverage landscape where Coca-Cola does not have a global brand.

Oyo shuts Coca-Cola over tax evasion

Officials of the Oyo State Board of Internal Revenue yesterday sealed the popular Nigeria Bottling Company (NBC) located at Asejire area of Ibadan for failing to comply with tax laws.