Latest news with #Fountainvest
Reuters
2 days ago
- Business
- Reuters
Starbucks has received 'a lot of interest' for China business stake, CEO tells FT
June 11 (Reuters) - Starbucks has received "a lot of interest" in the sale of a stake in its China business, its chief executive told the Financial Times in an interview published on Wednesday, as the U.S. coffee chain looks to revive sales in its second-largest market. "The good news is we've got a lot of interest — a lot of interest," Starbucks CEO Brian Niccol told the FT. "People see the value of the Starbucks brand. They see the coffee category is growing. I think they'd love to be partnering up with us in figuring out how we take this from 8,000 to 20,000 (stores)." KKR & Co (KKR.N), opens new tab, Fountainvest Partners and PAG are among buyout firms interested in acquiring a stake in Starbucks' China business, Reuters reported in February.
Yahoo
2 days ago
- Business
- Yahoo
Starbucks has received 'a lot of interest' for China business stake, CEO tells FT
(Reuters) -Starbucks has received "a lot of interest" in the sale of a stake in its China business, its chief executive told the Financial Times in an interview published on Wednesday, as the U.S. coffee chain looks to revive sales in its second-largest market. "The good news is we've got a lot of interest — a lot of interest," Starbucks CEO Brian Niccol told the FT. "People see the value of the Starbucks brand. They see the coffee category is growing. I think they'd love to be partnering up with us in figuring out how we take this from 8,000 to 20,000 (stores)." KKR & Co, Fountainvest Partners and PAG are among buyout firms interested in acquiring a stake in Starbucks' China business, Reuters reported in February. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
