Everstone to Sell Entire Stake in India's Burger King Operator Restaurant Brands Asia, Sources Say

Everstone to sell entire stake in India's Burger King operator Restaurant Brands Asia, sources say

Private equity firm Everstone is set to exit Restaurant Brands Asia, the franchisee for Burger King in India and Indonesia. The firm will sell its entire 11.26% stake. The Ajanta Pharma family office is poised to become the new strategic investor. This move could see the family office injecting significant funds and potentially acquiring a majority stake in the company.

Everstone to sell stake in Restaurant Brands Asia

Private equity firm Everstone is set to sell its entire 11.26% holding in Restaurant Brands Asia (RBA), the Burger King franchisee for India and Indonesia, Reuters reported.The post Everstone to sell stake in Restaurant Brands Asia – report appeared first on Verdict Food Service.

Everstone Divests From Burger King India Operator

Everstone Capital is set to divest its stake in Restaurant Brands Asia, the operator of Burger King restaurants in India, according to people familiar with the matter. The private equity firm, which has been a long-term investor in the quick-service restaurant operator, is pursuing the sale as part of a broader portfolio realignment. The move […] The post Everstone Divests From Burger King India Operator appeared first on Investors King.

Everstone to Exit Burger King India Operator with Stake Sale

Private equity firm Everstone Capital is set to sell its entire 11.26% stake in Restaurant Brands Asia, the operator of Burger King restaurants in India and Indonesia, sources familiar with the matter said. The deal, expected to be announced on Tuesday, values Everstone’s holding at about $57 million, based on current market prices. Restaurant Brands Asia has a market capitalisation of roughly $437 million. As part of the transaction, Restaurant…

Everstone Plans Exit from Restaurant Brands Asia

In a deal to be disclosed on January 20, private equity firm Everstone would sell its whole 11.26% ownership in Burger King's franchisee Restaurant Brands Asia in India and Indonesia. According to Refinitiv statistics, Everstone Capital's shareholding, through its investment vehicle QSR Asia Pte Ltd, is presently valued at $57 million. In Mumbai, Restaurant Brands Asia has a $437 million market capitalisation. As per the media reports, Restauran…

Everstone to sell stake in India's Burger King operator Restaurant Brands Asia, sources say