Everstone mulls $314m stake sale in Burger King franchisee in India and Indonesia

Everstone mulls $314m stake sale in Burger King franchisee in India and Indonesia

Photo: Julian Steenbergen / Unsplash.com

Private equity firm Everstone Capital is considering selling its stake worth $314 million in Restaurant Brands Asia Ltd, the master franchisee of Burger King in India and Indonesia, two sources with knowledge of the matter told Reuters.

The Singapore-headquartered buyout firm is in talks with one adviser to explore the sale, the sources said, declining to be identified as the matter is private.

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