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Starbucks says it is not buying Chipotle after a report that it had explored a deal

2 articles from 2 sources
First reported on Monday 12 October 2026 at 09:14 EDT by CNBC·Latest article on Monday 12 October 2026 at 09:24 EDT

Summary

Starbucks said on Monday 12 October that it would not be moving to buy Chipotle Mexican Grill, after a report days earlier said the coffee house chain had evaluated the prospect, NBC News reported. 'Starbucks is not buying Chipotle,' a Starbucks spokesperson told CNBC after takeover speculation.

Latest: Starbucks said it would not be moving to buy Chipotle Mexican Grill, after a report days earlier said the coffee house chain had evaluated the prospect.

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How it unfolded

  1. Monday 12 October

    Starbucks said it would not be moving to buy Chipotle Mexican Grill, after a report days earlier said the coffee house chain had evaluated the prospect.

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