A sale of the stake would increase the investor base of the business that has been held by the Alshaya family since 1999
Zamp said the deal requires approval from Brazil’s antitrust watchdog CADE and the court overseeing SouthRock’s bankruptcy
Alshaya opened its first Starbucks in Kuwait in 1999 and later expanded the brand to Turkey in 2003 and Russia in 2007
Stratus was acquired by Arcapita in late 2017 and its enterprise value has since tripled