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(Bloomberg) -- Barclays Plc has fielded interest from private equity firms including Brookfield Asset Management and CVC Capital Partners for a majority stake in its payments business, according to people familiar with the matter. Most Read from BloombergJapan Loses Its Spot as World's Third-Largest Economy as It Slips Into RecessionPutin Steps Into US Race to Back ‘Old-Style’ Biden Over TrumpTrump Eyes NATO Makeover, Hurried Peace in Ukraine If ElectedIsrael Quits Ceasefire Talks Over ‘Delusion

Flynn Group, the world's largest franchisee operator of restaurants and fitness clubs, is exploring a majority stake sale that could value it at more than $5 billion, including debt, according to people familiar with the matter. Flynn Group, which operates Applebees, Taco Bell, Panera Bread, Arby's, Pizza Hut, Wendy's and Planet Fitness franchises, is working with Bank of America on a sale process, the sources said. Flynn Group, which is based in San Francisco, generates over $450 million of annual earnings before interest, taxes, depreciation and amortization, according to th...

Editor’s Note: This article is the second in our three-part series, Federal Antitrust Enforcement in Health Care: 2023 Year in Review.  (Click here to read part 1.) The series is based...

Barclays plc is sounding out private equity firms about taking a majority stake in its UK merchant payments business, after overtures to trade buyers yielded muted interest, three people familiar with the matter said. The bank has been making a number of strategic shifts as Chief Executive C.S. Venkatakrishnan seeks to turn around its performance, including trying to bring in a partner with additional industry "know-how" to expand the UK payments unit, as well as put in extra capital, Reuters reported in September. Barclays initially talked to specialist payments providers about a ...

Indian snack maker Haldiram's is in talks to acquire a majority stake in Prataap Snacks, valued at $350 million, to expand its presence in the potato chip market. The talks are at an early stage and a valuation has not been discussed, but it could be at a premium to Prataap's stock price.