Abu Dhabi fund Mubadala unit acquires a U.S. franchisee of Taco Bell By Reuters
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DUBAI (Reuters), – According to a Thursday statement, a unit of Abu Dhabi’s Mubadala Investment Company acquired Taco Bell Corp. in America.
Mubadala Capital is an asset management company that purchased K-MAC from Lee Equity Partners Opportunity Fund. The unit stated in the statement.
K-MAC has over 300 Taco Bell locations, mainly in the Midwest and Southern United States.
U.S. investment bank Goldman Sachs, NYSE:), advised Mubadala Capital. Bank of America (NYSE;) and North Point advised Mubadala Capital.
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