Nestle to pay $7.15 billion to Starbucks to jump-start coffee business

LONDON/ZURICH (Reuters) - Swiss-based food giant Nestle will pay Starbucks $7.15 billion in cash for the rights to sell the U.S. coffee chain's products around the world in a global alliance aimed at reinvigorating their coffee empires.

Nestle to pay $7.15 billion to Starbucks to jump-start coffee business
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