Updated version 1 - The Financial Times reports that Starbucks once considered acquiring Chipotle
路透社2026/10/08 14:27Reuters reported on October 8, citing sources from the Financial Times, that Starbucks (SBUX.O) had explored the possibility of acquiring Chipotle Mexican Grill (CMG.N). As background, Starbucks CEO Brian Niccol previously led Chipotle and is widely credited with transforming the burrito chain into one of the strongest growth companies in the industry. Both Starbucks and Chipotle did not immediately respond to Reuters' request for comment. Starbucks, with a market capitalization of around $39 billions, saw its share price decline by about 3%, while Chipotle’s stock price rose by approximately 4%.
Add background information in the second paragraph and mention the stock price information in the third paragraph.
Reuters, October 8 - According to the Financial Times on Thursday, citing people familiar with the matter, Starbucks (SBUX.O) has explored the possibility of acquiring Chipotle Mexican Grill (CMG.N).
Starbucks CEO Brian Niccol previously led Chipotle and is widely credited with transforming the burrito chain into one of the fastest-growing companies in the industry.
Neither Starbucks nor Chipotle immediately responded to Reuters’ requests for comment. The coffee chain, which has a market value of approximately 39 billion USD, saw its stock price fall about 3%, while Chipotle's share price rose by around 4%.
(To assist non-native English speakers, Reuters provides its reports with automated translations into several other languages. As automated translations may be inaccurate or miss the required context, Reuters does not guarantee the accuracy of the translated text and provides automated translations only as a convenience for readers. Reuters accepts no responsibility for any damage or loss arising from the use of translated content.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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