Starbucks Sale Shows Private Equity Is Waking Up in China
Starbucks is selling a 60% stake in its China business to a private equity partner
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Hi, it’s Will Davies in Hong Kong, where we’ve just seen a big investment by a Chinese firm in one of the world’s most recognizable brands, reflecting a pickup in activity by private equity players in this part of the world. Also today, pay raises incoming on Wall Street.
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