Starbucks has explored takeover of Chipotle in restaurant megadeal

Starbucks has explored the potential takeover of Chipotle, according to reports from the FT. Such a megadeal involving the burrito chain, which holds a market value of nearly $39bn, would rank as the largest restaurant acquisition of all time. The coffee giant has investigated the possibility of purchasing the company to expand its footprint, marking a significant strategic move within the global food and beverage industry as it considers this historic purchase of the chain.