The franchisee for the Wendy’s Co. (Nasdaq: WEN) fast-food restaurant chain in Japan, backed by the Longreach Group private equity firm, is acquiring rival chain First Kitchen Limited from Suntory Holdings Limited.

The deal is expected to close in June, with Wendy’s Japan, the franchisee with exclusive rights to develop the Wendy’s business in Japan, buying 100 percent of the equity of First Kitchen and its 136 restaurants.

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