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

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

Photo: Starbucks website

Coffee chain Starbucks Corp said on Thursday it would buy the remaining 50 percent share of its East China business from its joint venture (JV) partners for about $1.3 billion, in its biggest ever acquisition.

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