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Everstone to sell stake in Restaurant Brands Asia – report
Yahoo Finance· 2026-01-19 15:04
Group 1 - Everstone is planning to sell its entire 11.26% stake in Restaurant Brands Asia (RBA), which is the Burger King franchisee for India and Indonesia, as part of a broader deal to bring in a new strategic investor [1][2] - The incoming investor is reported to be the family office of the founders of Ajanta Pharma, which also has interests in other restaurant businesses, and is expected to invest up to Rs8 billion ($88 million) into RBA [2] - RBA has a market capitalization of $437 million in Mumbai, India, and is set to hold a board meeting to consider raising funds [3]