The Hong-Kong based private equity firm Affinity Equity Partners has bought Burger King’s Japanese business of 100 fast-food stores from the struggling Lotte Group for an undisclosed amount. Burger King had previously closed in Japan during 2001 following poor results, but relaunched in 2007 when Lotte and Japanese-based Revamp bought franchising rights. In 2010 the business was transferred to Lotteria, the Lotte subsidiary.
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