GgoogleSG first seen 8 h ago, last 14 min ago, peak #1
DFI Retail to take over Starbucks business in seven Asian markets
Original: dfi retail group starbucks acquisition
DFI Retail Group is set to take over Maxim's Caterers' Starbucks-licensed business across seven Asian markets, in an asset swap with its long-time F&B partner valued at around US$340 million for DFI. In return, DFI will give up food and beverage brands including Genki Sushi and Shake Shack. The deal puts DFI in control of Starbucks operations in the region.
Why now: A major regional retail deal reshaping who runs Starbucks stores across Asia is drawing wide business media coverage.
DFI Retail GroupStarbucksMaxim's CaterersGenki SushiShake Shack
Rank over time, top of the chart is #1. 2 snapshots from 29 min ago to 14 min 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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