Posted inBypass, Financial Markets, Mergers & Acquisitions, The Americas

Starbucks To Sell Stake In Its South Korean Venture To Shinsegae Group 

SEOUL, South Korea — South Korean Multinational Conglomerate Shinsegae Group will acquire an additional stake in Starbucks Coffee Korea and become its largest shareholder. Shinsegae Group’s E-Mart said that it will acquire an additional 17.5 percent of Starbucks Coffee Korea’s 50 percent stake held by Starbucks Coffee International. The remaining 32.5 percent stake of Starbucks Coffee International will be […]