Market Chatter: Starbucks Has Explored Takeover of Chipotle Mexican Grill

MT newswire2026/10/08 14:28

10:28 AM EDT, 10/08/2026 (MT Newswires) -- Starbucks (SBUX) has explored a takeover of Chipotle Mexican Grill (CMG) and has worked with advisers in recent months on a potential takeover proposal, The Financial Times reported Thursday, citing people familiar with the matter. The current status of Starbucks' takeover plans and whether the coffee shop chain has submitted any formal offer to Chipotle could not be determined, according to the report. Starbucks and Chipotle Mexican Grill did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 92.59, Change: -1.00, Percent Change: -1.06

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