DFI Retail Group news

About

DFI Retail Group Holdings Limited is a Hong Kong–based retail company with legal bases in Bermuda and Singapore. A subsidiary of the Jardine Matheson Group, it is a major East and Southeast Asian retailer involved in the processing and wholesaling of food and health and beauty products. Jardine Strategic, a publicly listed holding company, has an attributable 78 percent stake in the firm.

Source: Wikipedia (CC BY-SA)

On coda.news

1 event, reported by media in 3 countries

Latest news

economy2 h ago

DFI Retail swaps Maxim’s stake for Starbucks license in Asia and cash

DFI Retail Group will assume control of Starbucks licensed operations across seven Asian markets from Maxim's Caterers, in exchange for DFI's 50% stake in Maxim's and about US$340 million in cash. The move follows DFI's sale of its Maxim's stake for US$340 million. The arrangement marks a reshaping of long-standing Hong Kong relationships in the regional F&B sector.

Similar companies

DFI Retail swaps Maxim’s stake for Starbucks license in Asia and cash

DFI Retail Group will assume control of Starbucks licensed operations across seven Asian markets from Maxim's Caterers, in exchange for DFI's 50% stake in Maxim's and about US$340 million in cash. The move follows DFI's sale of its Maxim's stake for US$340 million. The arrangement marks a reshaping of long-standing Hong Kong relationships in the regional F&B sector.

economy2 h ago