DFI Retail Group is trading at $3.40, up 6.58%, after agreeing to take full control of Maxim’s Starbucks-licensed business across seven Asian markets.
- The October 1, 2026 agreement includes about US$340 million in cash; the business operates more than 1,100 coffeehouses.
- Business Times reported investors seemed positive; shares closed 6.6 per cent higher at US$3.40.
- Broader consumer-staples weakness was not the apparent driver; completion remains conditional, with expected enhancement to DFI’s retail business.