CVC Capital Partners, Brookfield Asset Management and two Abu Dhabi state funds have bid to buy a stake in the Middle East, North Africa and central Asia Starbucks franchise held by Alshaya Group, Reuters reported. Kuwait’s Alshaya is working with JPMorgan to sell a significant minority stake in the business. Bloomberg reported the overall franchise could be worth $11 billion to $15 billion.
Source: Reuters
If you do not receive this within five minutes, please try and sign in again. If the problem persists, please
email: subscriptions@peimedia.com.