Starbucks is fielding offers for its China business, which could be worth up to $10 billion, according to CNBC. The publication reported that nearly 30 U.S. and international private equity firms have submitted offers,

The coffee giant is looking for a strategic partner in the high-growth market and is attracting plenty of interest from private-equity

Starbucks said it is looking for a strategic partner for its China business, as it reportedly has attracted offers for a potential stake sale in those operations that value it between $5 billion and $10 billion.