SQUAWK/NEWS
Account
Theme
Account
Menu
Live News MNA ARTICLE M impact

Starbucks considers selling majority stake in Japan business

Sources say Starbucks is weighing a potential sale of a majority stake in its Japan business that could value the coffee chain’s biggest overseas company-operated market at about $3 billion.

SBUX

Starbucks Corp NASDAQ:SBUX is weighing a sale of a majority stake in its Japan business, according to two people with knowledge of the matter. The potential transaction could value the coffee chain's biggest overseas company-operated market at about $3 billion.