Deals
Starbucks Is Said to Consider Selling Stake in Chinese Unit
- US coffee chain speaking to advisers about China growth plans
- Company gauging interest from domestic private equity firms
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Starbucks Corp. is exploring options for its Chinese operations including the possibility of selling a stake in the business, according to people with knowledge of the matter.
The coffee chain has been speaking to advisers about ways to grow its operations in China including the potential introduction of a local partner, the people said, asking not to be identified because the information is private. It has informally gauged interest from prospective investors, including domestic private equity firms, the people said.