All articles tagged with #boyu capital
Starbucks plans to sell control of its China operations to Boyu Capital in a deal valued at $4 billion, aiming to expand from 8,000 to over 20,000 stores and regain market share lost to local competitors like Luckin, with Boyu holding up to 60% of a new joint venture to support growth and efficiency.
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.
Starbucks is selling a 60% stake in its China operations to Boyu Capital in a $4 billion deal, retaining a 40% stake and ownership of the brand, as part of its long-term growth strategy in the competitive Chinese market.
Starbucks is forming a joint venture with Chinese firm Boyu Capital, selling a 60% stake in its China operations for $4 billion, valuing the business at over $13 billion, as it seeks to expand in smaller Chinese cities and compete with local startups.
Starbucks is selling a controlling stake in its China operations to Boyu Capital in a $4 billion deal, forming a joint venture where Starbucks will hold 40% and Boyu up to 60%, as part of its strategy to exit a declining market share in China due to fierce local competition.
Starbucks plans to sell a majority stake in its China business to Boyu Capital, signaling a strategic shift in its operations in China.
Starbucks is forming a joint venture with Boyu Capital to operate its China stores, with Boyu investing around $4 billion for up to a 60% stake, aiming to unlock China's vast market potential amid recent sales challenges and increased local competition.