DFI Retail acquires Starbucks Asia operations for $340 million
Statements (9)
- Neutral
DFI Retail plans to open 250 new Starbucks outlets in the next three years, mainly in Thailand and Vietnam
- Neutral
Starbucks sold a majority interest in its China operations to Boyu Capital for $4 billion
- Bullish
Singapore-listed DFI Retail Group's unit will take over Maxim's Caterers' existing interests in the Starbucks-licensed business across seven Asian markets
- Neutral
Jardines' DFI Retail swapped Maxim's stake for a Starbucks license and $340 million
- Bullish
DFI will expand Starbucks footprint in Thailand and take over Starbucks operations in Singapore, Hong Kong, Cambodia, Macau and Laos
- Bullish
DFI will take control of Starbucks in Asia by swapping its 50% stake in Maxim’s business for the Starbucks licensed business plus about US$340 million cash
- Neutral
DFI Retail sold its stake in Maxim’s Caterers for US$340 million and control of its licensed Starbucks business
- Bullish
DFI Retail will receive US$340 million and Starbucks business in Asia in a deal with Maxim’s Caterers
- Bullish
DFI Retail unit will take over Maxim's Starbucks business in Asia for $340 million