PE-backed Gong Cha Korea to acquire global parent
Gong Cha Korea, the Unison Capital-backed franchise of the global bubble tea franchise Gong Cha, will take a controlling stake in the Taiwan-based parent company.
The company has signed a memorandum of understanding with parent firm Royal Tea Taiwan (RTT) to raise its holding in the company to 70% by January 2017, a Unison executive told Pulse News; it already holds...
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