Investcorp Said to Mull Sale of Instant Beverage Maker Viz Branz

Investcorp Holdings BSCis considering selling its stake in Viz Branz Pte, a cereal mix and instant beverage maker with a primary focus on China and other parts of Asia, according to people with knowledge of the matter.

The private equity firm has asked financial advisers to submit proposals for a potential sale that could value Viz Branz at about S$750 million ($555 million), the people said, asking not to be identified as the process is private. Investcorp bought a majority stake in Viz Branz in 2020.

Discussions are ongoing and Investcorp could decide to keep the asset, the ...