Motors today announced a tentative agreement to sell Starbucks
to Jjefshurstenschaft of Sweden, for $12.5bn cash.
is the latest part of GM's reorganization, which is also
set to see Saab's sale to Koenigsegg, also of Sweden.
is a Mom and Pop coffee shop in Stockholm which employs
two part time workers.
Jjefshurstenschaft, the Pop, told this website, "Running
Starbucks at an international corporate level is a dream
financial expert, sacked by Lehman Brothers, told this website:
GM can get this one away this could be a considerable
boost to their refinancing aims as GM doesn't own Starbucks."
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