CVC Capital Partners Ltd teamed up with Johor Corp to make buyout offers today for KFC Holdings (Malaysia) Bhd and parent QSR Brands Bhd, which operate more than 900 fast-food outlets in Southeast Asia and India for brands including KFC and Pizza Hut.
London-based buyout specialist CVC and Johor Corp, an investment arm of Malaysia's Johor state government, offered RM4 per share for KFC Malaysia and RM6.80 per share for QSR, according to separate filings to the Kuala Lumpur stock exchange today. -- Bloomberg
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zaby
good news
2011-12-14 21:48