12:21 PM EDT, 07/09/2025 (MT Newswires) -- (Updates with response from a Starbucks ( SBUX ) spokesperson in the fourth paragraph.)

Starbucks ( SBUX ) has proposals from prospective investors in its China business, possibly for a controlling stake, Bloomberg reported Tuesday, citing people familiar with the matter.

The company is analyzing proposals and shortlisting a group of potential investors for the next round of bidding, the report said.

Starbucks ( SBUX ) sees "significant long-term potential in China" and wants to retain a "meaningful stake in the business," Bloomberg reported, citing a statement.

"[We] are evaluating the best ways to capture the future growth opportunities," a Starbucks ( SBUX ) spokesperson said in a statement emailed to MT Newswires. "Any deal must make sense for Starbucks ( SBUX ) business and partners."

(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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