Restaurant Brands Asia Ltd, the operator of Burger King in India and Indonesia, is preparing to announce a major deal on Tuesday. Sources reveal that private equity firm Everstone will exit by selling its entire 11.26% stake, paving the way for a new strategic investor to join the company.
Restaurant Brands Asia Ltd (RBA), which manages Burger King’s operations in India and Indonesia, is poised for a significant ownership change. According to sources, Everstone Capital will sell its 11.26% stake, marking a complete exit from the company. The announcement is expected on Tuesday, with RBA anticipating the entry of a new strategic investor to strengthen its growth trajectory.
Key Highlights:
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Deal Announcement: Scheduled for Tuesday, signaling a pivotal moment for RBA.
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Everstone Exit: Private equity firm Everstone to divest its entire 11.26% holding.
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New Investor Entry: RBA expects a strategic investor to step in, ensuring continuity and expansion.
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Regional Impact: The deal affects Burger King’s franchises in both India and Indonesia.
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Future Outlook: The move is expected to bolster RBA’s financial strength and long-term market positioning.
This transition underscores RBA’s commitment to attracting strategic capital and driving sustainable growth in the competitive quick-service restaurant sector.
Sources: Reuters, Economic Times, Business Standard.