EQT, Bain Capital, and Primavera are among the potential bidders for the Starbucks China stake.
2 reports, 2 independent
Updated Aug 22
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 2
- Developments
- 2
- Repetition
- 0%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
EQT, Bain Capital, and Primavera are among the potential bidders for the Starbucks China stake.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Keep exploring
Part of
Brian Niccol is leading the 'Back to Starbucks' turnaround strategy, which is facing headwinds in international markets like China. TD Cowen upgraded the stock to Buy in mid-May.Also in this story
- Starbucks, led by Brian Niccol, is conducting major product launches in the North American region.
- Starbucks stock price reflects market expectations regarding the company's operational turnaround strategy.
- Nvidia is mentioned in context of Nasdaq signals while Starbucks shares are traded on Nasdaq, and Niccol leads the turnaround plan.
- Starbucks faces activist investor pressure and declining customer visits as Niccol leads turnaround efforts.
The entities involved
-
Starbucks
American multinational coffee company
-
EQT
American energy company
-
Bain Capital
American alternative investment firm specialized in private equity, venture capital and credit products
Related events
- A Seattle-based company, implied to be Starbucks, is facing fierce domestic competition and market challenges in China, leading to strategic consultancy advice.
- Analyst notes detail how Dutch Bros is gaining market share from Starbucks amid broader fast-food competition.
- Starbucks stock trades on the Nasdaq exchange.
- A Starbucks-implied company is facing market challenges in China, leading to strategic consultancy advice.
Coverage
Newest first; wire copies grouped- ReutersStarbucks expects non-binding bids for China business within two weeks, sources say By Kane Wu and Julie Zhu HONG KONG (Reuters) -Starbucks has asked a short-listed group of potential bidders to subm
- BloombergStarbucks Shortlists Dozen Firms Including Tencent for China Investment (Bloomberg) -- Starbucks Corp. has shortlisted about a dozen parties including private equity firms and technology companies in