KFC operator in Thailand said to be exploring sale of business valued at $300m

KFC operator in Thailand said to be exploring sale of business valued at $300m

A KFC poster is seen on a highway. Photo: Pixabay

Restaurants Development Company is exploring the sale of its KFC franchise business in Thailand, valued at roughly $300 million, as revenue rebounds with a recovery in Southeast Asia’s second-largest economy, three sources aware of the matter said.