GgoogleJP first seen 1 d ago, last 1 d ago, peak #9

Starbucks explored takeover of Chipotle in restaurant megadeal

Original: starbucks

Starbucks has explored a takeover of Chipotle, according to the Financial Times, in what would be a massive deal in the restaurant industry. The reported interest suggests the coffee giant considered consolidation as a path to growth, and the news is drawing attention to the potential scale and competitive implications of combining the two US chains.

Why now: Reports of a potential megadeal between two major US restaurant chains are new and significant business news.

StarbucksChipotleFinancial Times

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Evidence

• Starbucks has explored takeover of Chipotle in restaurant megadeal · Financial Times

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