Mubadala invests about $1 billion in Luckin Coffee
Abu Dhabi-based Mubadala Investment Co. is making a minority investment in Luckin Coffee in a transaction valued at about $1 billion. The deal is alongside China-focused private-equity firm Centurium Capital.
Abu Dhabi-based Mubadala Investment Co. is investing in one of China's largest coffee chains in a transaction valued at about $1 billion. The sovereign investor is making the minority investment in Luckin Coffee alongside China-focused private-equity firm Centurium Capital.