Restaurant Brands International acquires Burger King China for $158m
Restaurant Brands International (RBI), the parent company of Burger King, Tim Hortons and Popeyes, has announced that one of its subsidiaries has acquired Burger King China from its local franchisee TFI Asia Holdings BV and Pangaea Two Acquisition Holdings XXIII (Cartesian) for $158m.
RBI acquires full ownership of Burger King China for $158m
It now seeks a new local partner as the controlling shareholder. Restaurant Brands International Inc. (RBI) has announced that it has acquired all equity interests in Burger King China from TFI Asia Holdings BV (TFI) and Pangaea Two Acquisition Holdings XXIII Ltd (Cartesian),
RBI Takes Control of Burger King China Business for $158 Million in Cash
Burger King, Tim Hortons, and Firehouse Subs parent company Restaurant Brands International announced Tuesday one of its subsidiaries has acquired all equity interests in Burger King China from TFI Asian Holdings BV and Pangaea Two Acquisition Holdings XXIII,
Restaurant Brands International Announces Plan for Burger King® in China
Restaurant Brands International Inc. (NYSE: QSR) (TSX: QSR) (TSX: QSP) ("RBI", "Company") announced today that a subsidiary of RBI has acquired from TFI Asia Holdings BV ("TFI") and Pangaea Two Acquisition Holdings XXIII,
Burger King's parent buys the brand's struggling China business for $158M
Restaurant Brands International is acquiring Burger King China from TFI Asia Holdings but plans to find a new local operator.
Restaurant Brands Seizes Full Control Of Burger King China In $158M Deal: Retail Stays Bullish
Shares of Restaurant Brands International Inc. (QSR) were in the spotlight on Tuesday after the company said its subsidiary bought a 100% stake in Burger King China for about $158 million in an all-cash transaction.
Restaurant Brands International Buys Burger King China, Begins Search for New Local Partner
Restaurant Brands International said that it acquired all the interest in Burger King China for $158 million and will look for a new partner to operate the business there.
Burger King Owner Restaurant Brands Reports Strong Sales And Income Growth
Burger King saw an 8% growth in system-wide sales, contributing to a 5.4% increase in year-over-year system-wide sales to $44.5 billion.
Restaurant Brands International acquires full ownership of Burger King China for $158M
Restaurant Brands International Inc. is one of the world’s largest quick-service restaurant companies, with annual system-wide sales of nearly $45 billion and over 32,000 restaurants across more than 120 countries and territories.
Restaurant Brands acquires equity interests in Burger King China for $158M
Restaurant Brands (QSR) announced that a subsidiary of RBI has acquired from TFI Asia and Pangaea Two Acquisition all their equity interests in
Restaurant Brands takes full control of Burger King China
Restaurant Brands International said on Tuesday it has bought stakes in Burger King China from its local franchisee for about $158 million, giving it nearly total ownership of the business.
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Restaurant Brands Exceeds EPS Forecast
Restaurant Brands International (RBI) is a major player in the quick-service restaurant industry, operating a franchise-heavy business model. It manages over 30,000 restaurants in more than ...
Restaurant Brands International Inc. (QSR) Q4 2024 Earnings Call Transcript
Restaurant Brands International Inc. ( NYSE: QSR) Q4 2024 Earnings Conference Call February 12, 2025 8:30 AM ET Kendall Peck - Head, Investor Relations Josh Kobza - Chief Executive Officer Sami ...