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Starbucks Sells 60% Stake in China Business for $4 Billion

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Source: Financial Times
Starbucks Sells 60% Stake in China Business for $4 Billion
Photo: Financial Times
TL;DR

Starbucks plans to sell a majority stake in its China business to Boyu Capital, signaling a strategic shift in its operations in China.

Topics:top-newsbusiness#boyu-capital#business#business-investment#china#stake-sale#starbucks
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  1. Starbucks to sell majority stake in China business to Boyu Capital  Financial Times
  2. Starbucks to sell control of China business to Boyu Capital in $4 billion deal  CNN
  3. Starbucks to sell majority stake in China business in $4bn deal  BBC
  4. Starbucks to Sell 60% of Its China Business to a Private Equity Firm  The New York Times
  5. Starbucks sells majority stake in China business, valued at $4B  Yahoo Finance

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