Bain Capital announced it will acquire Gong cha as MBK faces regulatory pressure in South Korea.

Aug 6 : Bain Capital said on Thursday it will acquire bubble tea chain Gong cha from TA Associates and other shareholders, extending the U.S. private equity firm's push into food…

The transaction is expected to close in the fourth quarter of 2026. Read more at straitstimes.com. Read more at straitstimes.com.