Starbucks sells 60% stake in China business in $4 billion deal
Starbucks said Monday it is forming a joint venture with Chinese investment firm Boyu Capital to operate Starbucks stores in China. Under the agreement, Boyu will pay $4 billion to acquire a 60% interest in Starbucks' retail operations in China. Starbucks wil
(Financial Post, 2025-11-03T23:09:33Z)