Boyu Capital plans to introduce Tencent (00700.HK) and GIC to participate in the equity transaction of Starbucks (SBUX.US) business in China.

According to a source familiar with the matter, Boyu Capital is considering introducing Tencent (00700.HK), the Singapore government investment company (GIC), and potentially other institutions as limited partners to jointly acquire equity in Starbucks (SBUX.US) China business.