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  5. Starbucks sells majority stake in China unit to Boyu Capital in $4B deal

Starbucks sells majority stake in China unit to Boyu Capital in $4B deal

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Starbucks is selling a controlling stake in its China retail business to Boyu Capital, allowing the latter to hold up to 60 % of the joint venture.

  1. USYahoo Finance
    1. Starbucks Sells 60% of China Unit to Boyu at $4 Billion Value
    2. Starbucks sells majority stake in China business, valued at $4B
  2. USCNN
    1. Starbucks to sell control of China business to Boyu Capital in $4 billion deal
  3. USCNBC
    1. Starbucks to form joint venture with Boyu Capital to run China business

sources

  1. 1.Yahoo Finance
  2. 2.CNN
  3. 3.CNBC

perspectives

  1. 1.US Economy
  2. 2.China under Xi Jinping
  3. 3.Mergers and acquisitions
  4. 4.Food industry
  5. 5.Retail

countries

  1. 1.ChinaCN

organizations

  1. 1.Boyu Capital
  2. 2.Starbucks
  3. 3.Euromonitor International
Starbucks sells majority stake in China unit to Boyu Capital in $4B deal