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Starbucks Sells 60% Stake in China Business

Digest more
 · 1h · on MSN
Starbucks to sell control of China business to private equity. Here’s how much the stake is worth.
The U.S. coffee-shop chain is forming a joint venture with Boyu Capital, with Boyu holding 60% interest in the company’s retail operations in China. Starbucks will retain the other 40% and continue to own and license the Starbucks brand and intellectual property in the new entity.

Continue reading

 · 4h
Starbucks Sells 60% Stake in China Business in $4 Billion Deal
 · 43m · on MSN
Starbucks Sells 60% China Stake to Boyu at $4 Billion Value
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