<div id="readability-page-1">Restaurant operator Yum China Holdings Inc. (YUMC.US; 9987.HK) and private equity giant Carlyle Group (CG.US) are among the parties interested in buying Jardine Matheson’s (JARD.SI) restaurant unit, which runs the KFC and Pizza Hut fast food chains in Hong Kong, Macao and Taiwan. Others interested in buying Jardine Restaurant Group include Taiwanese food giant Uni-President (1216.TW), as well as other private equity bidders, Reuters reported this week, citing two sources with knowledge of the sale. Based in Hong Kong, the unit could sell for about $400 million, the sources said. It operates about 1,000 KFC and Pizza Hut restaurants in Hong Kong, Macao and Taiwan, as well as Vietnam and Myanmar. The unit generates between $35 million and $40 million in annual earnings before interest, taxes, depreciation and amortization (EBITDA), the report said, adding that non-binding bids are due this week. Carlyle last December agreed to acquire KFC Korea. It was also part of a group that bought a controlling stake in McDonald’s (MCD.US) China operation in 2017, and later sold that in 2023. Yum China, meanwhile, is already the master franchisee for the KFC and Pizza Hut brands in Mainland China, after its 2016 spinoff from Yum Brands (YUM.US), which owns the two brands. By Doug Young To subscribe to Bamboo Works weekly free newsletter, click here</div>

百胜中国

快餐运营商百胜中国控股有限公司；和私募股权巨头凯雷集团正在竞购贾德集团的餐饮部门，该部门在香港、澳门和台湾经营 KFC 和 Pizza Hut。其他竞标者包括台湾食品巨头统一企业（1216.TW）及其他私募股权投资者。该单位的估计售价约为 4 亿美元，运营约 1000 家餐厅。

- Yum China 和 Carlyle Group 等有意收购 Jardine Matheson 餐饮部门。  
- Jardine 餐饮集团经营 KFC 和 Pizza Hut，约 1,000 家餐厅，估值约 4 亿美元。  
- 该部门年 EBITDA 介于 3,500 万至 4,000 万美元。

BRIEF: Yum China among bidders for KFC, Pizza Hut operator in Hong Kong, Taiwan