DLA and Cravath advise as Starbucks develops taste for luxury tea
Cravath Swaine & Moore and DLA Piper have won lead roles as high-end tea company Teavana agrees to sell to coffee giant Starbucks for $620m (£390m) in cash. The move comes as the worldwide chain looks to reinvent the $40bn (£25bn) tea market and expand on its existing core tea brand Tazo, which Starbucks acquired […]