TPG/Abraaj in exclusive talks for Saudi fast-food chain
date:Apr 11, 2014
ith TPG.

TPG, Abraaj and KKR all declined to comment, while Kudu could not be reached for comment.

Riyadh-based Kudu, which operates more than 200 restaurants in the kingdom, is owned by four individual shareholders, including chairman and chief executive Abdulmohsen Bin Abdulaziz Al Yahya, according to data from Zawya, a Thomson Reuters unit.

Kudu is worth around 2 billion riyals ($533.3 million) based on a valuation of around 20 times earnings, and was expected to have net income of around
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07/02 11:09