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GIC to acquire 32.5% stake in Starbucks Coffee in South Korea

By 2021-07-27 No Comments

July 27, 2021 11:43 AM

SEOUL (REUTERS) – Starbucks Coffee Company will sell the entire 50 per cent stake it owns in its South Korean venture to local partner E-Mart and Singapore sovereign wealth fund GIC, the US coffee chain said on Monday (July 26).