Starbucks shortlists five candidates for China stake sale
Starbucks has reportedly finalised Carlyle Group and EQT, along with regional companies HongShan Capital Group and Boyu Capital, for its China stake sale, as reported by Reuters. The shortlisted companies are preparing to submit their final offers for a controlling interest in Starbucks' operations in China. The final round of bidders also includes Chinese private equity company Primavera Capital, which is likely to partner with another investor. An agreement is expected to be finalised by the end of Oc ...