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Market Chatter: Jardine Matheson in Talks to Sell Restaurant Business Operating KFC, Pizza Hut Chains in Asia
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05:32 AM EST, 11/10/2026 (MT Newswires) -- Jardine Matheson (JAR.L) is in advanced discussions to sell Jardine Restaurant Group, its restaurant business that operates KFC and Pizza Hut chains in several markets across Asia, Reuters reported Tuesday, citing two people with knowledge of the matter. The unnamed sources said the London-listed investment company is looking to sell the business to Taiwanese food group Uni-President Enterprises, with the deal possible to be finalized before 2026 ends. One of the people said the transaction could value the business at $400 million. Jardine and Uni-President did not immediately respond to requests for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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