Starbucks mulls ~$3B stake sale in Japan, report says
Starbucks is reportedly reviewing options for its Japan business and has solicited pitches from financial advisers. The transaction could value the Japanese operations at about $3 billion.
Starbucks Corp. (SBUX) is reportedly weighing a sale of a majority stake in its Japan operations, with the potential transaction valuing the business at about $3 billion. The coffee chain has asked several financial advisers for pitches as it considers options for the unit.