CVC Capital Partners pursues $500M+ fast food IPO

Restaurants | Kuala Lumpur, Malaysia

Fast-food operator QSR Brands reportedly plans to go public in Malaysia during the next six months, with hopes of raising around 2 billion ringgit (about $508 million). Johor is the majority owner of the business, which is the proprietor of KFC and Pizza Hut locations in Singapore and Malaysia. CVC Capital Partners has owned a stake in QSR since 2013.