Burger King's China franchisee said to hire Citi for stake sale

Burger King's China franchisee said to hire Citi for stake sale

Photo by Melissa Walker Horn on Unsplash

Tab Food Investments (TFI), the biggest worldwide franchisee of Burger King, has asked Citigroup to help to sell a minority stake in the business in China and Turkey, a deal which could fetch at least $200 million, two sources familiar with the matter said.