Apollo in talks for AlShaya Starbucks franchise, sources say 



    Business & Finance

    Reuters exclusively reported that U.S private equity firm Apollo Global Management Inc (APO.N) is in talks to buy a minority stake in the Middle East, North Africa and central Asia Starbucks (SBUX.O) franchise operated by Kuwait’s AlShaya Group. 

    Market Impact

    Established in 1890, Alshaya is one of the biggest retail operators in the region with rights to operate businesses of popular Western brands including The Cheesecake Factory, Shake Shack and Pottery Barn. 

    Article Tags

    Topics of Interest: Business & Finance

    Type: Reuters Best

    Sectors: Food & Beverage

    Regions: Middle East

    Win Types: Exclusivity

    Story Types: Exclusive / Scoop

    Media Types: Text

    Customer Impact: Significant National Story

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