Mitsubishi to Sell KFC Japan Stake to U.S. Fund
Tokyo, April 27 (Jiji Press)--Major Japanese trading house Mitsubishi Corp. is in the final stages of talks to sell all of its shareholdings in KFC Holdings Japan Ltd. to U.S. investment fund Carlyle Group, informed sources have said.
Mitsubishi is expected to make a decision on the sale by the end of May, according to the sources. KFC Holdings Japan runs the Kentucky Fried Chicken restaurant chain in the country.
(2024/04/27-19:06)