Alshaya Group reportedly in talks to sell minority stake in Starbucks business
US investment firm Apollo Global Management Inc and Saudi Arabia’s Public Investment Fund (PIF) have been cited as interested parties in the 2,000-store coffee shop franchise A Starbucks store in Riyadh, Saudi Arabia | Photo credit: Alshaya Group Kuwait-based Alshaya Group is in reportedly talks to sell a minority stake in its sizeable Starbucks franchise business in the Middle East. US private equity ...
