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Nestle Pays Starbucks $7.1bn to Sell its Coffee

Nestle in $7.1bn Starbucks coffee deal

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Nestle Pays Starbucks $7.1bn to Sell its Coffee.
Nestle Paid Starbucks $7.1bn to Sell its Coffee. Pixabay
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Food giant Nestle on Monday announced a $7.1 billion deal with Starbucks for the rights to sell the chains coffee, tea and food products in grocery stores and other outlets globally.

The Swiss consumer goods giant said 500 Starbucks employees would transfer over to its business but they would continue to be located in Seattle, the group’s headquarters for the last 47 years.

Starbucks coffee
Starbucks coffee. Pixabay

The Nescafe and Nespresso owner would own the rights to market Starbucks’ coffee, which it says generates $2 billion in annual sales, the BBC reported.

Nestle chief executive Mark Schneider, who in 2016 became the first outsider to run Nestle in almost 100 years and who is attempting to boost the company’s profit through expansion, described it as a “significant step”.

Also Read: Californian Court Warns “Coffee causes Cancer!”

The company last sold its US sweets and chocolate business, including brands such as Crunch and Butterfinger, to Ferrero Group for 2.7 billion Swiss francs.

Schneider described the “global coffee alliance” with Starbucks as “a great day for coffee lovers around the world”. (IANS)

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Hot Coffee Has Higher Levels of Antioxidants Than Cold Coffee

And considering hot and cold brews have comparable pH levels, coffee drinkers should not consider cold brew a 'silver bullet' for avoiding gastrointestinal distress

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Hot coffee contains more antioxidants than cold coffee. Pixabay

Hot coffee has higher levels of antioxidants than cold coffee, which are believed to be responsible for some health benefits, says a new study.

The study explored that hot coffee has some measurable health benefits, including lower risk of some cancers, diabetes and depression.

For the study, researchers from Thomas Jefferson University in the US showed that hot coffee had more total titratable acids — any acid that can lose proton(s) in an acid-base reaction — which may be responsible for the hot cup’s higher antioxidant levels.

“Coffee has a lot of antioxidants. If you drink it in moderation, research shows it can be pretty good for you. We found the hot brew has more antioxidant capacity,” said Megan Fuller, an Assistant Professor from the varsity.

Costa coffee
The study explored that hot coffee has some measurable health benefits, including lower risk of some cancers, diabetes and depression. (IANS)

Results published in the journal “Scientific Reports” also found that pH levels — acidity indicator– of both hot and cold coffee were similar, ranging from 4.85 to 5.13 for all coffee samples tested.

However, coffee companies and lifestyle blogs have tended to tout cold brew coffee as being less acidic than hot coffee and thus less likely to cause heartburn or gastrointestinal problems.

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“And considering hot and cold brews have comparable pH levels, coffee drinkers should not consider cold brew a ‘silver bullet’ for avoiding gastrointestinal distress,” said Niny Rao, Associate Professor from the university. (IANS)