Carlyle makes opportunistic bid for Malaysia’s QSR Brands
The Carlyle Group has informed palm oil and plantation giant Kulim that it wants to acquire its majority stake in Malaysian integrated food services business QSR Brands Bhd, according to reports.
Kulim owns 57.8% of QSR, which in turn owns 51.2% of KFC Holdings, and controls franchises for iconic brands Kentucky Fried Chicken plus Pizza Hut in Malaysia, Singapore and Brunei. KFC is also picking...
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