Oct. 23 at 6:22 AM
$SBUX sbux to sell ITS China biz tobgenerate free Cash flow which IS needed..
Behind the scenes, a major strategic development is unfolding as five separate bidders compete for a stake in Starbucks' China business, with the transaction estimated to be worth over
$10 billion.
Would day the new price for negituatibgvisbu-7 bn only.
The China bizvis detoriatibg, loosong robheytea, luckibg Coffee AND chagee
Private equity firms Carlyle and Boyu Capital are currently viewed as bkdders.
I doubt
Why should they buy when China could Ban sbux in. China in Fürther taruff esxalations or in war