Apollo in talks for AlShaya Starbucks franchise, sources say 

[ad_1]

Business & Finance

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. 

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Food & Beverage

Regions: Middle East

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

[ad_2]

Source link

Related articles

Morocco announces three-day mourning period following earthquake tragedy

[ad_1] Rescue workers search for survivors in a collapsed house in Moulay Brahim, Al Haouz province in Morocco, on September 9, 2023, after an earthquake. — AFP After a deadly earthquake struck Morocco, claiming over 2000 lives with more than 2000 injured, the country on Saturday declared three days of national mourning, according to an […]

Australia’s Liontown in talks with US Defense Dept on tantalum supply 

[ad_1] Business & Finance 07 December 2023, 5:15 am 1 minute Reuters exclusively reported that Miner Liontown Resources (LTR.AX) is speaking with the United States Department of Defense about supplying tantalum from its Australian operations if the U.S. passes a new regulation by year end as expected, its chief executive told Reuters on Thursday. Lining […]

Leave a Reply

Your email address will not be published. Required fields are marked *