DFI Retail Says Unit To Take Over Maxim's Starbucks Business In Asia for $340 mln

By Reuters News

Sept 30 (Reuters) - DFI Retail DFIR.SI:

  • REORGANISATION OF DFI RETAIL GROUP'S INTERESTS IN MAXIM'S CATERERS LIMITED AND ITS STARBUCKS LICENSED BUSINESS

  • MAXIM'S WILL BUY BACK ALL OF SHARES IN MAXIM'S CURRENTLY OWNED BY GROUP

  • DFI ASSUMES MAXIM'S INTEREST IN OPERATION OF STARBUCKS ACROSS 7 ASIAN MARKETS WITH A NETWORK OF OVER 1,100 STARBUCKS COFFEEHOUSES

  • CASH CONSIDERATION OF $340 MILLION

Further company coverage: DFIR.SI

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