The Carlyle Group bid for control of KFC Holdings Bhd., Maylasia's biggest fast-food operator. QSR Brands' holdings include the Pizza Hut chain of restaurants in Malaysia and Singapore.While Bloomberg and TheStar highlight Carlyle's franchise track record, they ignore Carlyle's Asian poultry grower, CP Pokphand. QSR has three brand opportunities for poultry growers, KFC, Rasamas, and Ayamas retail. Should CP Pokphand garner QSR sales, might China Fishery Group be next?
Retail suddenly has Carlyle's interest. The Carlyle Group loves layers of profit. Add that China will soon unleash private equity underwriters (PEU's). FT reported:
This should work out badly.
Update11-29-10: QSR chose to stay independent, rejecting all bids.