Starbucks Considers Selling Shares from Its Operations in China
According to a report based on information from knowledgeable sources, Starbucks (NASDAQ:SBUX) Corp. is exploring options, including a share sale, for its operations in China. Individuals familiar with the matter, who requested to remain unnamed due to the sensitive nature of the information, stated that Starbucks is in discussions with advisors, including a potential local partner, to expand its operations in China. These individuals mentioned that they are informally gauging interest from potential investors, including domestic private equity firms. Some sources indicated that the share sale could also attract interest from Chinese holding companies or other local firms with industry experience. These sources noted that Starbucks is still evaluating its options and has not yet made a decision on whether to move forward.