The split
Bain Capital buys global bubble tea chain Gong Cha from TA Associates in deal covering nearly 2,200 stores
The same story, as told by newsrooms in different countries. Their words, attributed and linked.
Taiwan
Taiwan News
“Bain aims to expand tea chain's store network and digital marketing.”
English-language Taiwanese daily; covered the deal as a story about a Taiwanese brand's global trajectoryread the original ↗
United States
CNBC
“Bain Capital announced it will acquire Gong cha as MBK faces regulatory pressure in South Korea.”
US financial news; tied the deal to competition between Bain and MBK Partners in Asian consumer PEread the original ↗