consortium of private-equity firms including Advent and General Atlantic, and Domino’s India Operator Jubilant Foodworks are among the entities in talks to buy Everstone’s entire stake in Restaurant Brands Asia, sources told CNBC-Awaaz.
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People with knowledge of the matter also revealed that ever since Burger King has not been able to delivered on promised numbers, Everstone has had a hard time trying to turn things around. On the other hand, Jubilant Foodworks has shown significant interest because Restaurant Brands Asia will boost its current portfolio.
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