Who is selling their stake in Restaurant Brands Asia?

Everstone Capital is selling its entire 11.26% stake in Restaurant Brands Asia.

Which Burger King operations are affected by this deal?

The deal involves Restaurant Brands Asia, which operates Burger King franchises in India and Indonesia.

Is Ajanta Pharma investing in Burger King India?

The family office of Ajanta Pharma's founders is reportedly in talks to become the new strategic investor in Restaurant Brands Asia.

Home / Business and Economy / Everstone Exits Burger King India Stake

Everstone Exits Burger King India Stake

19 Jan

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Summary

Everstone Capital will sell its full 11.26% stake in Restaurant Brands Asia.
The stake in Burger King's India and Indonesia franchisee is worth $57 million.
Ajanta Pharma founders' family office may invest up to $88 million.

Everstone Capital is set to sell its complete 11.26% ownership in Restaurant Brands Asia, the entity managing Burger King franchises across India and Indonesia. This significant divestment, valued at approximately $57 million based on current market data, marks a major shift for the private equity firm.

Restaurant Brands Asia, which has a market capitalization of $437 million in Mumbai, is preparing to welcome a new strategic investor through this transaction. Industry reports suggest the family office of Ajanta Pharma's founders, already involved in other restaurant ventures, is the frontrunner to take a substantial stake.

This potential new investor might inject up to 8 billion Indian rupees ($88 million) into the company. While the exact initial stake is not yet clear, there are indications that this investor could pursue a majority holding over time as other shareholders exit.