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DFI Retail unit to take over Maxim's Starbucks business in Asia for $340 million
Source: reuters.com
M&A & RestructuringConsumer Demand & RetailTravel & Leisure
DFI Retail Group will pay $340 million in cash for Maxim's Caterers' existing interests in the Starbucks-licensed business. The transaction gives DFI's unit control of a network of more than 1,100 Starbucks coffeehouses across seven Asian markets, expanding its regional food-and-beverage retail exposure.
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