General Atlantic and Advent International are reportedly are at an advanced stage in their move to acquire a stake in Burger King. However, this stake is of private equity firm Everstone Capital and amounts to almost 40.9 per cent.
According to a media reports, both General Atlantic and Advent are in talks to acquire Everstone Capital’s 40.9 per cent stake in Restaurant Brands Asia (RBA).
The latter also operates fast-food chain Burger King in India.