Starbucks Considers Japan Unit Stake Sale
Starbucks is reportedly considering selling a majority stake in its Japanese business in a deal that could value the coffee chain at approximately three billion dollars. The potential divestment comes as CEO Brian Niccol reshapes the global portfolio to restore profitability.
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STARBUCKS CORP is exploring the sale of a majority stake in its Japan business in a transaction that could value its largest overseas company-operated market at about $3 billion, people familiar with the matter said on Tuesday morning.
