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Starbucks Reportedly Receives Bids for Sale of CN Biz Stake w/ Valuation ~US$5B
Most of the bidders interested in acquiring a portion of stake in Starbucks (SBUX.US)'s China business have submitted their offers, valuing the China operations at as much as U...
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Starbucks Reportedly Receives Bids for Sale of CN Biz Stake w/ Valuation ~US$5B
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Most of the bidders interested in acquiring a portion of stake in Starbucks (SBUX.US)      's China business have submitted their offers, valuing the China operations at as much as US$5 billion, Reuters quoted sources as saying.

It is reported that Starbucks has invited around 10 potential buyers to submit non-binding bids by early September, with most offers valuing Starbucks China at 10 times its 2025 expected EBITDA of US$400-500 million. At least one bidder's offer is nearly 20 times the EBITDA forecast.

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