Food & Drink

The world of fine wine is built on prestige, exclusion, and perceptions of difference (differences in class, differences in quality, differences in provenance…), and while wine has been around for thousands of years in some places, and for centuries in most others, the reigning classifications and rating systems have been around for far shorter durations.
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Greek yogurt pioneer Chobani has acquired La Colombe for $900 million just a few months after Keurig Dr Pepper’s (KDP) announced its $300 million sales and distribution deal with the ready-to-drink coffee company. The transaction included the combination of a newly issued $550 million term loan, cash on hand, the exchange of KDP’s minority equity
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