Carlyle nears deal to buy KFC Japan's shares from Mitsubishi Corp

Trading house selling Kentucky Fried Chicken shares to improve capital efficiency

20240426 KFC in Setagaya

Kentucky Fried Chicken is among the most popular fast-food chains in Japan. (Photo by Hideki Shinohara)

Nikkei staff writers

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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