Starbucks reportedly considers selling a majority stake in Japan

Starbucks ($SBUX) is considering selling a majority stake in its Japanese business, according to Reuters sources. A transaction could value the operation at about $3 billion. It has sought adviser pitches, with a process potentially beginning in the fourth quarter.

The stake size and valuation remain undecided, and no sale agreement has been announced. This is an early strategic review, not a completed disposal. Starbucks said it continually evaluates the best structure for its international operations.

Sources:

• Reuters — reported Japan business review