Burger King UK's £600million flotation has stalled due to investor nerves over the Ukraine conflict.
While Burger King has not formally announced plans to list its UK division on the London Stock Exchange, it has hired bankers at Investec, Peel Hunt, and Bank of America to advise on a listing.
The fast-food giant had even begun to court investors.
Bridgepoint, the private equity owner of Burger King UK, was believed to be planning to float before July.
Sources said it has been delayed, but not indefinitely, due to market conditions. A
Other merchants may also be impacted. New Day, which controls one-sixth of the country's credit cards, is reportedly waiting to see whether market volatility eases before implementing its plan.
Last month, the world's largest legal firm, Mishcon de Reya, said it was delaying its float owing to choppy markets and investor anxiety. To encourage more high-profile offerings, the London Stock Exchange and the government are working together.
The Government has launched a review of listing rules to entice more businesses to list in the United Kingdom once it has won just 5% of initial public offerings between 2015 and 2020.


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