Abu Dhabi fund Mubadala Capital buys major Taco Bell franchisee
A unit of Abu Dhabi’s Mubadala Investment Co. acquired one of the largest Taco Bell Corp. franchisees in the US, underscoring the $243bn sovereign wealth fund’s growing appetite for private equity deals. Mubadala Capital, the fund’s asset management arm, bought K-Mac Holdings Corp. from Lee Equity Partners Opportunities Fund, according…
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