American investor Nelson Peltz is preparing a tender to take the fast-food chain Wendy's private, according to a source cited by Reuters. This was reported by Qazaqyia.kz citing Reuters.
Peltz's firm Trian Fund Management owns a significant stake in Wendy's and is considering delisting the company. This move could increase the company's market value and accelerate its growth.
The Reuters source said Peltz is currently arranging financing and working out the terms of the deal. However, there is no official confirmation yet, and the deal may not be completed.
Wendy's is one of the largest fast-food chains in the world, with restaurants in the US and other countries. The company's market capitalization is approximately $3 billion.
Peltz has previously been involved in taking several large companies private, including brands such as Kraft Heinz and Procter & Gamble. His interest in Wendy's is linked to the potential to boost profitability and strengthen competitiveness.
The Reuters source said an official statement about the deal could be released soon. However, for now, this information remains at the planning stage.