GgoogleSG first seen 13 h ago, last 2 h ago, peak #1
DFI Retail to take over Starbucks business across Asia
Original: dfi retail group starbucks acquisition
DFI Retail Group has agreed to take control of the Starbucks-licensed business run by Maxim's Caterers in seven Asian markets. In the asset swap, DFI will pay around US$340 million and give up food and beverage brands including Genki Sushi and Shake Shack to its long-time partner Maxim's. Singapore business media are covering the deal, which gives DFI a bigger grip on Starbucks operations in the region.
Why now: DFI Retail Group just announced a US$340 million asset swap with Maxim's Caterers giving it control of Starbucks outlets in seven Asian markets.
DFI Retail GroupStarbucksMaxim's CaterersGenki SushiShake Shack
Rank over time, top of the chart is #1. 37 snapshots from 11 h ago to 2 h ago.
Evidence
- DFI to pocket US$340 mil exchanging assets with long time F&B partner · The Edge Singapore
- DFI to take control of Starbucks in Asia, to give up F&B brands including Genki Sushi, Shake Shack · The Straits Times
- DFI Retail to take over Maxim's Starbucks-licensed business in seven Asian markets · CNA
- DFI Retail to bag US$340 million, Starbucks business in Asia in deal with Maxim’s Caterers · The Business Times
- DFI Retail to take over Starbucks business in Asia from Maxim’s Caterers · The Business Times
- DFI Retail to take over Maxim's Starbucks-licensed business in seven Asian markets · Reuters
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