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September 14, 2017 04:45 pm GMT
Blue Bottle Coffee, one of Silicon Valley’s favorite coffee projects, is selling a majority stake to Nestl in a big semi-acquisition this morning that’s no doubt going to validate a lot of interest in the potential of coffee markets.Nestl is acquiring a 68% stake in the company, and it t looks like the leadership of the company isn’t changing as part of this deal. The… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Ia2aGxG4YfA/
Nestl acquires a majority stake in Blue Bottle Coffee at a valuation north of $700M
Blue Bottle Coffee, one of Silicon Valley’s favorite coffee projects, is selling a majority stake to Nestl in a big semi-acquisition this morning that’s no doubt going to validate a lot of interest in the potential of coffee markets.Nestl is acquiring a 68% stake in the company, and it t looks like the leadership of the company isn’t changing as part of this deal. The… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/Ia2aGxG4YfA/
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