CVC agrees to buy S.Korea KFC franchise for $98 mln

CVC agrees to buy S.Korea KFC franchise for $98 mln

HONG KONG, May 8 (Reuters) – CVC Capital Partners has agreed to buy South Korea’s KFC franchise from a subsidiary of Doosan Co Ltd for 100 billion won ($98 million), Doosan said on Thursday. The deal is CVC’s fourth in the restaurant space in 18...
Siemens close to sale of airport logistics unit

Siemens close to sale of airport logistics unit

May 4 (Reuters) – German engineering firm Siemens AG is close to finalizing an agreement to sell its logistics and airports solutions business to a group led by billionaire investor Wilbur Ross, Bloomberg reported on Sunday, quoting people familiar with the...
UK’s Card Factory plans London listing

UK’s Card Factory plans London listing

LONDON, April 22 (Reuters) – British greeting cards retailer Card Factory plans to list its shares on London’s stock market in May, joining a spate of store groups seeking flotations as the outlook for consumer spending improves. The over 700 stores firm,...