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Starbucks Rises on Report It's Mulling Sale of China Business

Starbucks Rises on Report It's Mulling Sale of China Business

Bloomberg23-06-2025
Starbucks Corp. shares rose in late trading on Monday after Caixin Global reported the company is considering a full sale of its China business, citing people familiar with the matter.
The company has held preliminary talks with more than a dozen potential partners, including private equity firms Hillhouse Capital Group, FountainVest Partners and Trustar Capital, Caixin reported.
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