Berjaya Food buys remaining stake in Berjaya Starbucks


PETALING JAYA: Berjaya Food Bhd (BFood) is buying the remaining 50% it does not own in Berjaya Starbucks Coffee Company Sdn Bhd (BStarbucks) for RM279.5mil cash.

The company told Bursa Malaysia that it had entered into a conditional share purchase agreement (SPA) with Starbucks Coffee International, Inc to acquire the remaining shares to make the coffee chain a wholly owned subsidiary.

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Business , starbucks , berjaya food

   

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