I was thinking about the recent capital allocation by BK India promoters to buy Indonesia BK…as someone shared, it looked like an exit provided to the same PE (different fund)…just like Mphasis/Blackstone case…
No promoter would kill their own company by buying out new ventures if they cannot be viable…and I think BK India may have reached its limits now…To get a rough idea if at all we may see such acquisition in Asia (as it is now Restaurants Brands Asia) - can someone share if they know if the same PE has invested in any other Restaurant Brands’ brand (Burger King, Popeye etc.) in any Asian country?
If yes, then at later stage they may look exit from it and that can be a capital allocation risk for listed Indian entity. If not, then any big acquisition chances maybe less…
Disc: Above thoughts are purely random & hypothetical. I can be wrong in all my assessments & thesis above