Starbucks is fielding offers for its China business, which could be worth up to $10 billion, according to CNBC. The publication reported that nearly 30 U.S. and international private equity firms have submitted offers,

Starbucks' China business has attracted offers for a potential stake sale, valuing the coffee chain unit at up to $10 billion, CNBC reported on Wednesday, citing people familiar with the matter.

Starbucks’ potential sale of a stake in its China business has attracted multiple bids that value the local operations as high as $10 billion, CNBC