India: Everstone Capital-owned Burger King India puts IPO on hold

India: Everstone Capital-owned Burger King India puts IPO on hold

REUTERS/Leonhard Foeger

Burger King India Ltd., owned by private equity fund Everstone Capital, is putting its planned initial public offering on hold after the country’s equities market tumbled on fears of a global economic slowdown and the spread of novel coronavirus, people familiar with the matter said.