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Buyer of former Starbucks assets in Russia says he paid about $6 million -TASS

(Adds Starbucks declined to comment in second paragraph, notes that stores were owned by licensee in first paragraph) June 13 (Reuters) - Restaurateur Anton Pinskiy paid around 500 million roubles ($6 million) for assets forme.

Buyer of former Starbucks assets in Russia says he paid about US$6-million

Anton Pinskiy tells TASS news agency some cafes had closed due to the terms of the lease, while others in new sites had opened

Buyer of former Starbucks assets in Russia says he paid about $6 million -TASS By Reuters

Buyer of former Starbucks assets in Russia says he paid about $6 million -TASS

Buyer of former Starbucks assets in Russia says he paid about $6 million -TASS

Buyer of former Starbucks assets in Russia says he paid about $6 million -TASS
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Buyer of former Starbucks assets in Russia says he paid about $6 million -TASS

Seattle-based Starbucks declined to comment. It had 130 stores in Russia, owned and operated by its licensee Alshaya Group, with nearly 2,000 employees in the country. Pinskiy and rapper Timati unveiled their new brand, Stars Coffee, in August 2022, opening the bulk of acquired sites in September and October.

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