Apollo in talks for AlShaya Starbucks franchise, sources say
Apollo in talks for AlShaya Starbucks franchise, sources say
Feb 08, 2024 by Business & Finance | Reuters News Agency
Key Facts
- Business & Finance 08 February 2024, 7:08 pm 1 minute Reuters exclusively reported that U.S private equity firm Apollo Global Management Inc (APO
- N) is in talks to buy a minority stake in the Middle East, North Africa and central Asia Starbucks (SBUX
- O) franchise operated by Kuwait’s AlShaya Group.
- MARKET IMPACT Established in 1890, Alshaya is one of the biggest retail operators in the region with rights to operate businesses of popular Western brands including The Cheesecake Factory, Shake Shack and Pottery Barn.
ORGANIZATION
LOCATION
GROUP
GEOGRAPHY
MISCELLANEOUS
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.
Was this content valuable for you?