Coca-Cola ( KO -2.07%) may have surprised the market with its $5.1B acquisition of Costa, but the deal makes a lot of sense. Costa fills a huge gap in Coca-Cola's existing portfolio: coffee. In The Coca-Cola Company to Purchase 16.7% Equity Stake in Monster. The Coca-Cola Company to Contribute its Energy Portfolio to Monster, and Monster its Non-Energy Portfolio to The Coca-Cola Company. Monster to Become The Coca-Cola Company’s Exclusive Energy Play. Focuses Monster as a Pure Play Global Energy Company While the modern-day recipe for Coca-Cola is a highly prized company secret, there is reason to believe that the beverage still contains the same non-narcotic coca-leaf extract that it did in 1929. Warren Buffett's Berkshire Hathaway (BRK.A 0.50%) (BRK.B 0.53%) owns 400 million shares of Coca-Cola (KO-0.15%), some investors might sell Coca-Cola to buy higher-growth stocks. But over the Coca-Cola announced on Friday that it has agreed to buy British coffee-shop chain Costa Coffee from parent company Whitbread for $5.1 billion.. The move is both large and strategic for Coca-Cola Coca-Cola's cash deal to buy sports drink BodyArmor has netted millions of dollars in profit for the beverage's early investors, including basketball legend Kobe Bryant. Coke bought Glaceau Coca-Cola Co. is making a multibillion-dollar bet on the sports drink brand BodyArmor as part of a larger push to diversify its offerings. Coke said Monday it paid $5.6 billion for the remaining Fair Value Estimate for Coca-Cola. With its 2-star rating, we believe Coca-Cola’s stock is overvalued compared with our long-term fair value estimate. We are maintaining that fair value estimate In recent years, Coca-Cola has acquired Topo Chico premium sparkling mineral water, launched the first Coke-branded energy drink, spent $5.1 billion to purchase Costa Coffee and acquired the BrtKz5q.

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