Starbucks: Deal Worth $10 Billion in Sight, who Will Take the China Division?

According to a report by US broadcaster CNBC, Starbucks' (NASDAQ: SBUX) China division has attracted the interest of numerous investors. As part of a potential partial sale, the business is valued at up to $10 billion. Interested parties include prominent investment firms such as Centurium Capital and Hillhouse Capital from Asia, as well as US companies Carlyle Group and KKR & Co. It is reported that Starbucks may retain a 30% stake, while the remaining interests will be distributed across multiple channels, none of which will achieve a...