Bridgepoint has held early-stage talks with possible advisers about a £500 million sale, which could take place next year, Sky News reported. The private equity owner of Burger King UK is exploring a sale of the fast-food chain, days after itself raising £300 million in a rare listing.
Burger King UK holds the master franchise for the UK from New York-listed Restaurant Brands International and was bought in 2017 by Bridgepoint. It operates about 530 sites in the UK, the majority owned by franchisees — although it does also run its own stores.
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Burger King UK is led by chief executive Alasdair Murdoch, previously at Gourmet Burger Kitchen, and chaired by Martin Robinson.
Source: The Times
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