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Pai readies sale of Travel Food Company areas: Expansion
PAI Partners, the European private equity firm, is reportedly preparing to divest its stake in Travel Food Services Limited, a leading player in India’s airport food and retail sector. The firm, which acquired the company through its SSP Group subsidiary in 2012, has been evaluating strategic…
AInvest Wire · 2d agoStarbucks shares up about 0.8% co says not buying Chipotle
Starbucks Corp. (NASDAQ: SBUX) shares rose approximately 0.8% on Friday after the company denied reports that it was pursuing a potential acquisition of Chipotle Mexican Grill (NYSE: CMG). Earlier this week, the Financial Times reported that Starbucks had explored a $41 billion takeover of Chipotle…
AInvest Wire · 2d agoStarbucks shares gain 1% at open, Chipotle shares fall 2.9%
Starbucks Corporation (NASDAQ: SBUX) shares opened higher by 1% on October 12, 2026, following positive investor sentiment and recent strategic developments. The stock's performance reflects optimism around the company's growth initiatives and operational improvements. Meanwhile, Chipotle Mexican…
AInvest Wire · 2d agoStarbucks says not buying Chipotle: CNBC cites spokesperson
Starbucks Corporation (NASDAQ: SBUX) has clarified its position regarding potential investment in Chipotle Mexican Grill (NYSE: CMG), stating that it is not pursuing any acquisition or partnership with the fast-casual restaurant chain. A spokesperson for Starbucks confirmed the statement to CNBC,…
AInvest Wire · 2d agoStarbucks shares jump 1.5% premarket; Chipotle falls 1.9%
Starbucks Corp. (SBUX) shares rose 1.5% in premarket trading on October 12, 2026, following reports of strong holiday season preparations and a renewed focus on customer engagement strategies. The increase comes amid ongoing efforts to stabilize same-store sales, which have faced pressure from…
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