Asian buyout fund to acquire Oporto, Red Rooster owner
Monday, July 08, 2019
A sleeping giant of the local private equity scene is set to mark its awakening with a $450 million-plus purchase of fast food brands business Craveable Brands.
Street Talk understands PAG Asia Capital – a Hong Kong-based private equity firm that recently finalised a new $US6 billion buyout fund – has put the deal to its investment committee and could be ready to sign a transaction as early as Tuesday.
