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Starbucks Spills the Beans on Its $50 Billion Chipotle Rumor
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Subscribe12 OCT 2026 / BUSINESS
Starbucks, under CEO Brian Niccol, was reported to be considering the acquisition of Chipotle - a firm once headed by Niccol - in what could have been the largest restaurant takeover in history. However, on 12 October 2026, Starbucks denied such plans, maintaining its focus on improving profitability and reinstating its recovery strategy.
Starbucks hired Brian Niccol to revive its struggling coffee business. Now, it may spend over $50 billion acquiring Chipotle, the very company he once led. That's quite a reunion bill, even by Wall Street standards. On October 8, 2026, reports emerged...
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