Luckin Coffee Is Said to Consider Bidding for Nestle’s Blue Bottle
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000China’s Luckin Coffee Inc. is considering making a bid for Nestle SA’s Blue Bottle Coffee to boost its brand profile and expand in the premium coffee segment, according to people familiar with the situation.China’s biggest coffee chain and its backer Centurium Capital have also been evaluating other acquisition targets, including the operator of % Arabica coffee stores in China, which counts private equity firm PAG as an investor, the people said, asking not to be identified discussing private information.