Starbucks Sells 60% Stake in China Business for $4 Billion
TL;DR Summary
Starbucks plans to sell a majority stake in its China business to Boyu Capital, signaling a strategic shift in its operations in China.
- Starbucks to sell majority stake in China business to Boyu Capital Financial Times
- Starbucks to sell control of China business to Boyu Capital in $4 billion deal CNN
- Starbucks to sell majority stake in China business in $4bn deal BBC
- Starbucks to Sell 60% of Its China Business to a Private Equity Firm The New York Times
- Starbucks sells majority stake in China business, valued at $4B Yahoo Finance
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