Starbucks (SBUX.US) plans to sell equity in its Chinese business, with an estimated value of several billion dollars.

According to the Wisdom Financial News app, informed sources revealed that Starbucks (SBUX.US) is in talks with several private equity funds and technology companies to explore the possibility of transferring equity in its China business. The coffee giant distributed a non-public inquiry letter to potential investors through financial advisors this week, soliciting opinions on the valuation and future development of its Chinese operations. Although the deal has not yet entered a substantive stage, informed sources estimate that the valuation of the business could reach billions of dollars. The sources said that potential bidders are expected to submit preliminary feedback in the coming weeks. They also mentioned that Starbucks may decide not to proceed with the transaction.