Aggregated China Travel News



Starbucks Gains Majority Ownership Of Beijing, Tianjin Operations

Aggregated Source: ChinaFranchiser.com
October 24, 2006|

Starbucks has acquired from H&Q Asia Pacific and other shareholders ownership of High Grown Investment Group Limited, which in turn is the controlling shareholder of Beijing Mei Da Coffee Company, the operator of over 60 Starbucks retail stores in Beijing and Tianjin and an authorized licensee of Starbucks Coffee International. The financial terms of this transaction [...]

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