Starbucks Sticks With Minority Stake In Latin American Business

US coffee shop chain Starbucks has revealed that it will not increase its stake in Starbucks Coffee Mexico in 2009. The business is a joint venture between Starbucks and Mexican fast food operator Alsea and holds the franchise to open Starbucks outlets in Latin America. Starbucks currently owns an 18% stake in the business, but has an option to increase its participation in the unit to 50% until

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