Archive · 19 Jan 2026
Everstone to Exit Burger King Operator
Everstone Capital is planning to sell its 11.26% stake in Restaurant Brands Asia Ltd, which runs Burger King outlets in India and Indonesia.
This sale is expected to be announced on January 20.
As part of the deal, the family office of Ajanta Pharma Ltd will invest up to Rs 800 crore in the company.
Everstone's stake is valued at about $57 million.
Restaurant Brands Asia's shares have fallen 16% in the past year.
This move is part of a bigger trend where fast-food companies in India are merging and consolidating.
Everstone Capital plans to sell its 11.26% stake in Restaurant Brands Asia Ltd.
Ajanta Pharma family office to invest up to Rs 800 crore in the company.
Everstone's stake valued at approximately $57 million.
Restaurant Brands Asia's market capitalization is around $437 million.
Share price down 1.81% as of January 19, with a 16% decline over the past year.
- Who
- Everstone Capital, Restaurant Brands Asia Ltd, Ajanta Pharma family office
- What
- Everstone Capital is selling its 11.26% stake in Restaurant Brands Asia Ltd, with Ajanta Pharma family office as a new strategic investor
- When
- Expected announcement on Tuesday, January 20
- Where
- India and Indonesia (Burger King outlets)
- Why
- Part of a sector consolidation in India's fast-food industry
- Company
- Restaurant Brands Asia Ltd
- Stake for Sale
- 11.26%
- Stake Value
- $57 million (Rs 5,000 crore)
- New Investor
- Ajanta Pharma family office
- Investment Amount
- Up to Rs 800 crore
- Market Cap
- $437 million (Rs 40,000 crore)
- Share Price Change
- Down 1.81% (as of January 19)
- Yearly Share Performance
- Down 16% in last 1 year