Announced
Financials
Sources
Tags
Restaurants and Bars
Cross Border
Private
Minority
chickeria restaurants
Pending
South Korea
Private Equity
Friendly
Acquisition
Single Bidder
Synopsis
Ontario Teachers' Pension Plan agreed to invest in BHC Group, a South Korea’s fried chicken, in a $275m deal. OTPP valued the unlisted BHC at $1.7bn, almost three times what the special purpose company paid two years ago. Elevation PE is fully exiting from the Korean franchise with hefty returns.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.