<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>

百勝中國

快餐運營商百勝中國控股有限公司；和私募股權巨頭凱雷集團正在競購賈德集團的餐飲部門，該部門在香港、澳門和台灣經營 KFC 和 Pizza Hut。其他競標者包括台灣食品巨頭統一企業（1216.TW）及其他私募股權投資者。該單位的估計售價約為 4 億美元，運營約 1000 家餐廳。

- Yum China 和 Carlyle Group 等有意收購 Jardine Matheson 餐飲部門。  
- Jardine 餐飲集團經營 KFC 和 Pizza Hut，約 1,000 家餐廳，估值約 4 億美元。  
- 該部門年 EBITDA 介於 3,500 萬至 4,000 萬美元。

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