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Market Impact: 0.25
Nike Will Never Recover
Source: 247wallst.com
M&A & RestructuringPrivate Markets & VentureConsumer Demand & RetailEmerging Markets
Starbucks sold a majority interest in its China operations to local private-equity firm Boyu Capital in a deal announced in April. The transaction represents a restructuring of Starbucks' exposure to the Chinese consumer market, though no valuation or financial terms were provided.
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