Stock Groups

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


© Reuters.

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.

 

 

Disclaimer Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.



Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.