Starbucks sells 60% stake in China business in $4 billion deal

Read Starbucks sells 60% stake in China business in $4 billion deal on 92.5 FOX News App

Starbucks sells 60% stake in China business in $4 billion deal

Starbucks is forming a joint venture with Chinese investment firm Boyu Capital to operate Starbucks stores in China. Under the agreement announced Monday, Boyu will pay $4 billion to acquire