Brookfield sells minority stake in La Trobe Financial; Orchestra exits KFC Korea

Deal Wrap is updated as of 3 p.m. ET.

– Orchestra Private Equity Singapore Pte. Ltd. completed its exit from KFC Korea Co. Ltd. in a sale to The Carlyle Group Inc. for $135 million, The Korea Economic Daily reported.

– Total Capital Partners LLP backed a management buyout of UK-based communications company Radiocoms Systems Ltd. Total Capital's investment provides backing for CEO Mark Blythe to lead the buyout from two existing shareholders, who exited in full.

– Brookfield Business Corp. is set to sell a minority stake in asset manager La Trobe Financial Services Pty Limited to Axight Capital Ltd.

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