Luckin Coffee’s PE owner gains more control over Chinese chain
The company’s American depositary receipts have gained 24% in the past 12 months Centurium Capital consolidated its holding in Luckin Coffee to tighten control over China’s biggest…
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Luckin
Costa Coffee attracts takeover interest from backer of China’s Luckin
CENTURIUM Capital, the private equity backer of fast-growing Chinese chain Luckin Coffee, is considering a bid for UK cafe operator Costa Coffee, people with knowledge of the matter said.…
Luckin Coffee, Haidilao and other China chains may be suffering indigestion from regional expansion
WITH competition at home squeezing profits, a growing number of Chinese restaurateurs are looking overseas for fresh opportunities. But there are many challenges on the road to success…