Warburg Pincus to sell stake in AmRest

Warburg Pincus, the main AmRest's shareholder has signed a binding agreement to sell a 31.71 percent stake in the Wrocław-based, international restaurant operator, the media reported. According to the contract, Warburg Pincus will indirectly get rid of 6.7 million shares, worth some PLN 1.1 billion. As a result of the deal, Warburg will be no longer a shareholder of the firm. Warburg Pincus is a global private equity firm focused on thesis-driven growth investing at scale.