Hanwha Galleria extends talks to sell Five Guys stake

Hanwha Galleria has extended exclusive talks with private equity firm H&Q Equity Partners over the sale of its stake in Five Guys Korea, as the two sides continue negotiations on a potential deal.

The retail arm of Hanwha Group renewed a memorandum of understanding with H&Q after the exclusivity period under their previous agreement, signed Dec.

17, 2025, was set to expire.

The extension allows both parties additional time to complete due diligence and negotiate final terms.

“We plan to sign a d ...