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Coke, Costa and mergers
Company mergers and acquisitions are often controversial - particularly in retail - with store closures and staff redundancies inevitably following.
Last month, 21st Century Fox agreed to sell its 39 per cent stake in Sky to Comcast, ending Rupert Murdoch’s 30-year association with the satellite broadcaster.
Meanwhile, US fashion giant Michael Kors has confirmed a takeover of Versace, while Coca-Cola is to buy Costa coffee chain from owner Whitbread.
Professor George Lodorfos, Dean of Leeds Business School at Leeds Beckett University, looks at some of the drivers and consequences of mergers and acquisitions ahead of his professorial inaugural lecture, which takes place between 6-7pm on Wednesday 10 October, at the Rose Bowl, Portland Way, Leeds.