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News 2026-10-08 16:54 UTC

Chipotle rises on Starbucks takeover report

A Financial Times report said Starbucks has worked with advisers in recent months on a possible takeover proposal for Chipotle Mexican Grill. Chipotle shares jumped and Starbucks fell after the report.

News 2026-10-08 15:57 UTC

Chipotle rises on Starbucks takeover reports

Chipotle shares rose after reports that Starbucks has explored a potential takeover with advisors in recent months. Starbucks shares fell on the news, while it was unclear whether any formal offer or bid was made.