Market Chatter: Thailand's Minor Food Weighs Singapore IPO Instead of Hong Kong

MT Newswires06-11

Thailand's Minor International is reportedly weighing a public listing for its restaurant unit, Minor Food Group, in Singapore rather than Hong Kong amid strong interest from investors in the city-state.

Bloomberg News reported Thursday, citing sources, that the group, which operates brands including Burger King, Dairy Queen, and The Pizza Company, could raise more than $400 million. Financial advisers are assisting, though no final decision has been made, according to the report.

Minor International did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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