Boyu Capital to Acquire Majority Stake in Starbucks China for $1.4 Billion
TL;DR Summary
Boyu Capital is in talks with Chinese banks to secure approximately $1.4 billion in financing to acquire a majority stake in Starbucks' China operations, which could be among the largest leveraged buyout deals from China this year, with the deal structured as a yuan-denominated onshore loan.
- Boyu Seeks Around $1.4 Billion Loan for Starbucks China Takeover Bloomberg.com
- Starbucks to sell control of China business to Boyu Capital in $4 billion deal CNN
- Starbucks Sold China Control to Bidder Pledging Stability Bloomberg.com
- Starbucks to Sell 60% of Its China Business to a Private Equity Firm The New York Times
- Starbucks to sell majority stake in China business BBC
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