KUALA LUMPUR: The Malay Chamber of Commerce Malaysia (MCCM) is prepared to outbid CVC Capital Partners Ltd in offering to buy Lembaga Tabung Haji's (LTH) 23% stake in fast-food operator KFC Holdings (M) Bhd.
The chamber had already said it wanted to buy a controlling stake in the KFC franchise's parent QSR Brands Bhd, rivalling an earlier US$1.6bil (RM5bil) buyout bid for the company and its KFC unit by CVC and Johor Corp.
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