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Starbucks Stock Perks Up With Billion-Dollar China Bids
星巴克星巴克(US:SBUX) Schaeffers Investment Research·2025-07-09 22:02

Beverage chain Starbucks Corp (NASDAQ:SBUX) is up 1.6% to trade at 126.15,afterCNBCreportedthecompanysChinalegisattractingbidsofupto126.15, after CNBC reported the company's China leg is attracting bids of up to 10 billion. The equity would retain a 30% stake, with offers coming in from big names such as Centurium Capital, Hillhouse Capital, and Carlyle Group. Starbucks stock has been choppy on the charts this summer, with recent support stemming from its ascending 20-day moving average. Today's pop has SBUX trading at its highest level since April 2 and creating some ...