Turkish Burger King Operator Is Said to Delay New York IPO Plan

Burger King’s biggest franchisee outside the U.S., TFI TAB Gida Yatirimlari AS, postponed its plan to list shares in New York because it didn’t see IPO conditions as favorable enough, people with knowledge of the matter said.

The Turkish company’s initial public offering will happen when market conditions improve, said the people, who asked not to be named because the details aren’t public. A representative of TFI TAB Gida declined to comment.