Carlyle Offers $618 Million Deal QSR Brands

The Carlyle Group has offered 1.9 billion Malaysian ringgit ($618.8 million) for Malaysia’s QSR Brands, the majority owner of KFC and Pizza Hut in Malaysia, Reuters reported. QSR is currently owned by Malaysian planter Kulim. The offer by Carlyle tops a previous offer by Malaysian businessman Halim Saad, Reuters said.

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