SINGAPORE: Private equity firm CVC Capital Partners is considering selling its 21% stake in QSR Brands after multiple attempts by the regional fast food franchise operator for a domestic listing, two sources familiar with the matter told Reuters.
QSR Brands (M) Holdings, the Malaysian operator of KFC and Pizza Hut restaurants in Southeast Asia, has tried to hold an initial public offering on the local stock exchange since 2017.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
