Everstone to sell stake in Burger King India operator—report
Everstone has a total of 11.26% stake to sell.
Private equity firm Everstone plans to sell its stake in Restaurant Brands Asia, the operator of Burger King India, a report by Reuters said.
According to the report, Everstone plans to sell all of its 11.26% in Restaurant Brands Asia.
Citing sources, the report said that India’s Ajanta Pharma is set to be Restaurant Brands Asia’s new strategic investor.