Beverage giant Coca Cola in talks to acquire a stake in Café Coffee Day (CCD). Preliminary talks are led by Coca Cola’s Atlantic office. T Krishnakumar, president & CEO, Coca Cola India, is presiding the negotiation talks. Coca Cola aims to gain a foothold in the growing Indian cafe space. Prior to this, Coca Cola has acquired UK-based Costa Coffee for $5.1 Bn. Bengaluru-based CCD has currently 1.8K stores across 250 cities.
