April 10, 2019 / 11:48 AM / in 13 days

Malaysia's QSR Brands says it will "re-time" initial public offering

KUALA LUMPUR, April 10 (Reuters) - Malaysia’s largest fast-food operator QSR Brands said on Wednesday it had decided to “re-time” its initial public offering (IPO) following talks with its bankers.

Citing sources, Reuters reported earlier on Wednesday that QSR had shelved plans for an IPO that could have raised as much as $500 million as potential investors balked at its valuations.

Reporting by Liz Lee, editing by David Evans

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below