Starbucks pins hopes on China as US growth cools

By
Posted

US restaurants are locked in a bitter fight for market share, battling new competition from non-traditional rivals such as meal kit sellers and convenience stores.

Starbucks

India Dealbook: Info Edge invests in BigStylist, Wishbook; Advanced Enzyme to buy Evoxx

By

This is the third investment by Info Edge in BigStylist.


Philippines: Carret Private to acquire 20% stake in Maestro Holdings

By

Maestro Holdings Inc is a Filipino financial services firm under the Tanco Group of companies.


Starbucks to buy out East China JV partners for $1.3b in biggest acquisition

By

China is Starbucks’ fastest-growing market outside the US by number of stores.


Thailand’s PTT Venture picks stake in Malaysia LNG project for $500m

By

This comes barely a day after Petronas scrapped a $29b LNG project in Canada.


India Digest: Tata Industries, Vedanta raise funding via bonds

By

The buyers include Birla Sunlife Mutual Fund, Aditya Birla Finance and Kotak Mutual Fund.


China’s state enterprises to become joint stock firms by end-2017

By

Beijing is trying to create “stronger” conglomerates capable of competing on global stage.


US healthcare insurer Aetna buys Bupa Thailand for Asia expansion

By

Bupa Thailand will continue operating under the Bupa brand for a while.


India Dealbook: Dentsu acquires Sokrati; Bird Group buys hotel in UK

By

While Dentsu Aegis has acquired Pune-based data analytics firm Sokrati, the Bird Group has bought its third hotel in Britain. Dentsu acquires IvyCap-backed data analytics firm Sokrati Dentsu Aegis Network Ltd has signed an agreement to acquire a 51 per cent stake in IvyCap-backed data analytics and performance marketing firm Sokrati Technologies for an undisclosed… Read more »


Japan: Daiwa Securities agrees to buy Signal Hill, Sagent in US push

By

The deals will boost Daiwa’s mergers and acquisitions advisory business in North America.