Event Brief
Nov 4, 2025 at 1:05 AM ET
Starbucks sells 60% of China business to private equity
By The BriefBrief
Starbucks sells a 60% stake in its Chinese operations to Boyu Capital, retaining 40% ownership.
WHO: Starbucks, Boyu Capital
WHAT: Sale of 60% stake in Chinese operations
WHEN: Nov 3, 2025 at 7:00 PM ET
WHERE: China
WHY: To address dimmer business prospects and competition from local rivals
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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