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Abu Dhabi's Mubadala Investment to Inject $1 Billion in Chinese Coffee Chain
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04:06 AM EDT, 09/10/2026 (MT Newswires) -- Mubadala Investment, Abu Dhabi's sovereign wealth fund, agreed to take a minority stake in China's Luckin Coffee for $1 billion, according to a Thursday release. Private equity firm Centurium Capital holds a controlling share in the coffee company, which operates over 36,000 stores globally as of June 30. The transaction is pending closing conditions.
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