DFI Retail to take over Maxim’s Starbucks-licensed business in seven Asian markets

DFI Retail Group said on Wednesday (Sep 30) its unit will assume Maxim’s Caterers’ existing interests in the Starbucks -licensed business across seven Asian markets, as part of a reorganisation initiative. Maxim’s will pay DFI US$340 million in cash and buy back the 50 per cent stake the latter currently holds

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