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BABA-W Denies Participation in Bid for Starbucks China Stake
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BABA-W (09988.HK) is actively participating in the bidding for Starbucks China's stake, with potential buyers including China Resources, MEITUAN-W (03690.HK) and other Chinese companies, as well as private equity investment firms such as KKR and FountainVest Partners, according to Chinese media. BABA-W subsequently denied the content of the report and said it is “fake news”. AAStocks Financial News |
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