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Whitbread's sale of Costa to Coca-Cola gets Chinese approval

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(Reuters) – Britain’s Whitbread Plc <WTB.L> said on Thursday that Chinese authorities have approved the sale of its Costa coffee chain to Coca-Cola <KO.N>.

The company said that it still needs approval from European Union regulators for the deal to close.

(Reporting by Sangameswaran S in Bengaluru; Editing by Shinjini Ganguli)

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