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Starbucks China attracts bids valuing the coffee chain at up to $10 billion: Report

CHINA, JUL 8 – Starbucks considers selling a majority stake in its China business to address sales challenges amid competition, with offers from about 30 investors including private equity firms.

  • Starbucks China has attracted offers from around 30 domestic and foreign private equity firms, valuing the business between $5 billion and $10 billion.
  • Starbucks is evaluating the offers and deal structure proposals, with a potential stake sale of up to 70% to a group of buyers, each holding less than 30%.
  • Goldman Sachs is the financial adviser leading the process, but Starbucks may call off the deal if offers do not match its expected valuation.
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Starbucks receives bids for stake in China business: US media

Starbucks has received around 30 offers from investment firms seeking a stake in the company's China business, US media reported Wednesday.

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Benzinga broke the news in New York, United States on Tuesday, July 8, 2025.
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