01:38 PM EDT, 10/28/2025 (MT Newswires) -- (Updates with Starbucks' ( SBUX ) response to a request for comment.)
Starbucks ( SBUX ) sees Boyu Capital as the frontrunner for its China business, Bloomberg reported Tuesday, citing people familiar with the matter.
"We've had very strong interest from multiple, high-quality partners all of whom share our confidence in the long-term growth potential of Starbucks ( SBUX ) in China," a Starbucks ( SBUX ) spokesperson told MT Newswires. "Five bidders recently provided bids, and we are in the process of evaluating those. They all see significant value in the Starbucks brand, the business momentum, and our talented team."
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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