# Starbucks May Acquire Chipotle in Billion-Dollar Deal

> Starbucks reportedly explores buying Chipotle for billions, aiming to reunite CEO Brian Niccol with the restaurant chain he previously led.
- Title: Starbucks May Acquire Chipotle in Billion-Dollar Deal
- Summary: Starbucks reportedly explores buying Chipotle for billions, aiming to reunite CEO Brian Niccol with the restaurant chain he previously led. Starbucks has…
- Keywords: starbucks, chipotle, brian niccol, mexican grill, acquisition, financial deal, gaming, sports, May, Acquire, Billion-Dollar, Deal
- Source: Dexerto — https://dexerto.com/food/starbucks-looking-to-buy-chipotle-in-massive-deal-worth-billions-report-3417255
- Author: Dylan Horetski
- Published: 2026-10-08T18:17:37+00:00
- Read time: 1 min
- Topics: starbucks, chipotle, brian niccol, mexican grill, acquisition, financial deal, gaming, sports
## Starbucks Explores Chipotle Acquisition
Starbucks reportedly explored acquiring Chipotle Mexican Grill in a potential deal worth billions, aiming to reunite CEO Brian Niccol with the company he previously led.
## Chipotle Valued at Nearly $39 Billion
Chipotle is currently valued at nearly $39 billion, with Starbucks working on a possible takeover proposal through recent months.
## Brian Niccol's Leadership Impact
Brian Niccol led Chipotle through food safety recovery and digital expansion before becoming Starbucks CEO in September 2024.
## Market Reaction to Report
Chipotle shares climbed 6% on Thursday, October 8, while Starbucks shares fell 3% following the Financial Times report.
## Potential Benefits and Concerns
Starbucks could give Chipotle access to its international infrastructure, but analysts warn about financial implications and borrowing needs.
## Key takeaway

Starbucks has reportedly explored acquiring Chipotle Mexican Grill in a potential deal worth billions, which could reunite CEO Brian Niccol with the company he previously led.