Monday, May 7, 2018

UPDATE 1-Nestle to pay $7.15 bln to Starbucks in coffee tie-up

ZURICH, May 7 (Reuters) - Nestle will pay Starbucks $7.15 billion as part of a global coffee alliance in which the Swiss-based food giant is getting the rights to market the U.S. coffee company's products around the world outside Starbucks' coffee shops.

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