Update: Market Chatter: Carlyle, Yum China Competing to Acquire Jardine Matheson Restaurant Unit

MT Newswires Live

05/13

(Updates with Jardine Matheson's response in the third paragraph.)

Carlyle (CG) and Yum China (YUMC) are among the companies seeking to acquire a Jardine Matheson restaurant unit, which runs KFC and Pizza Hut chains in Hong Kong, Taiwan, and other Asian locations, in a deal worth around $400 million, Reuters reported Tuesday, citing two sources with knowledge of the matter.

Taiwan's Uni-President and other private equity firms are also vying for the business, with non-binding offers due this week, the report said, citing the sources.

Jardine Matheson declined to comment. Carlyle and Yum China did not reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Carlyle and <a href=\"https://laohu8.com/S/09987\">Yum China</a> did not reply to MT Newswires' request for comment.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0469268626.HKD","symbol_name":"AB FCP I-ASIA EX JAPAN EQUITY PTF(AD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2635078788","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2635078788","pubTimestamp":1778667872,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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