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Bain Capital seals cut-price deal for bubble tea giant Gong cha, report says

The Gail’s and Pizza Express owner is seeking new F&B investment opportunities in East Asia, where bubble tea provides a long runway for growth

A UK Gong cha store in Brighton | Photo: Gong cha

The Gail’s and Pizza Express owner is seeking new F&B investment opportunities in East Asia, where bubble tea provides a long runway for growth 

US private equity firm Bain Capital has reportedly signed a deal to acquire Taiwanese bubble tea chain Gong cha at a significant discount.

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