Abu Dhabi fund Mubadala unit acquires a U.S. franchisee of Taco Bell

article author:
Reuters
Author:
Fall, 2021-10-14 14:28

A unit owned by Abu Dhabi state fund Mubadala Investment Company has acquired one of the biggest franchisees of Taco Bell Corp in the United States, according to a statement on Thursday.

Mubadala Capital, an asset management subsidiary, bought K-MAC from Lee Equity Partners Opportunity Fund, the unit said in the statement.

K-MAC operates over 300 Taco Bell restaurants, mostly in the midwestern and southern United States, it said.

Main category:
Business & Economy
Tags:
#economy
#uae
#dubai
Abu Dhabi
Mubadala
Mubadala Investment Company
Taco
taco Bell

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