Coca-Cola is exploring a potential sale of its Costa Coffee chain, which it acquired in 2018 for approximately $5 billion. The Atlanta-based beverage company has engaged investment bankers, including Lazard, to hold exploratory talks with potential buyers as it considers strategic options for the coffee brand. Reports indicate that this move comes six years after Coca-Cola's entry into the global coffee market. Meanwhile, Keurig Dr Pepper is reportedly nearing an $18 billion deal to acquire European coffee company JDE Peet’s, signaling active consolidation within the coffee industry.