Grand Parade Investments (GPI) Ltd , which holds the Burger King franchise in So...
FILE PHOTO: Customers await service at a branch of fast food franchise Burger King in Cape Town, South Africa, May 4, 2016. REUTERS/Mike Hutchings/File Photo
JOHANNESBURG - Grand Parade Investments Ltd , which holds the Burger King franchise in South Africa, said on Wednesday it will sell its 95.36% stake in the business to ECP Africa Fund, in an attempt to close a valuation discount to its net asset value.Reporting by Nqobile Dludla; Editing by Kim Coghill
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