06:30 AM EDT, 09/11/2025 (MT Newswires) -- Starbucks ( SBUX ) plans to sell a majority stake in its China operations has drawn interest from global investment firms Carlyle Group and EQT, as well as regional players HongShan Capital and Boyu Capital, Reuters reported Thursday, citing sources familiar with the matter.

The report stated that Starbucks ( SBUX ) has asked the interested parties to submit binding bids by early October.

Reuters added that Chinese private equity firm Primavera Capital had previously submitted a bid and is expected to partner with a co-investor.

Starbucks ( SBUX ), Carlyle Group, EQT, HongShan Capital, Boyu Capital and Primavera Capital didn't immediately reply to MT Newswires' request for comment.

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