TOKYO -- U.S. fund manager Carlyle Group is close to acquiring KFC Holdings Japan, the operator of the Kentucky Fried Chicken fast-food chain in the country, Nikkei has learned.
Japanese trading house Mitsubishi Corp., which owns approximately 35% of KFC Japan, is currently in the final stage of a tender process to select a buyer for the stake. Carlyle is likely to take KFC Japan private after acquiring the shares from Mitsubishi.
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