Starbucks China Operations: JD, Tencent, KKR Among Potential Investors To Submit Bids - Report
Starbucks has shortlisted a dozen firms, including private equity and technology companies, to bid for a potential investment or partnership for the coffee chain's China operations, Bloomberg News reported on Friday.
The report, which cited people familiar with the situation, named Boyu Capital, Carlyle Group, EQT AB, FountainVest Partners, KKR, Hillhouse Investment, and Primavera Capital, as well as Chinese tech giants JD.com (JD) and Tencent Holdings (TCEHY).
The shortlisted firms will be given access to the coffee chain's China financials, allowing them to evaluate...
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