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