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Malaysian KFC Operator’s Owner Considers Selling It

  • Investors gauge buyer interest in stake in QSR Brands
  • Fast-food operator could be valued at about $1.4 billion

QSR Brands (M) Holdings Bhd.’s owners are considering a sale of the fast-food operator, which runs KFC and Pizza Hut restaurants in Southeast Asia, after shelving an initial public offering earlier this year, people with knowledge of the matter said.

The Malaysian company’s major shareholders, which include private equity firm CVC Capital Partners, are working with an adviser to gauge interest from potential buyers for a controlling stake in QSR, according to the people. A deal could value QSR at about 6 billion ringgit ($1.4 billion), the people said, asking not to be identified because the information is private.