Magic circle duo, Skadden and Ashurst lead on £3.9bn sale of Costa to Coca-Cola

The fizzy drink giant is acquiring the coffee chain from parent company Whitbread, which bought Costa in 2011

Clifford Chance (CC), Slaughter and May, Skadden Arps Slate Meagher & Flom and Ashurst have won roles on the sale of coffee chain Costa to global drinks producer Coca-Cola for £3.9bn.

Slaughter and May is advising Costa parent company Whitbread on the sale. Longstanding client Whitbread also owns the Premier Inn hotel chain and the Beefeater and Brewers Fayre restaurant brands.

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