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23 Sep '14, 10pm

#Starbucks Poised for Continued Growth in Japan thru Full Ownership of its 2nd-Largest Market htt…

Starbucks to purchase remaining 60.5% share of Starbucks Japan in two-step tender offer process Acquisition enables continued elevation of unique Starbucks Experience for customers and partners through coffee, store design and digital and mobile leadership Starbucks to build on more than 1,000 existing stores and nearly 20 years of brand loyalty and trust SEATTLE; September 23, 2014 – Starbucks Corporation (Nasdaq: SBUX) today announced that it will acquire the remaining 60.5% share of Starbucks Coffee Japan, Ltd. (Starbucks Japan) that the company currently does not own through a two-step tender offer process, further elevating Starbucks growth and innovation in its second-largest market when measured by retail store sales. The acquisition positions Starbucks to accelerate growth across multiple channels in Japan, including the potential introduction of new concepts, such...

Full article: http://news.starbucks.com/news/starbucks-poised-for-growt...

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