Restaurant Brands International Announces Plan for Burger King® in China
RBI acquires partners' equity stakes and will identify a new local operating partner Transaction shows commitment to drive long-term growth in China
TORONTO, Feb. 18, 2025 /PRNewswire/ -- 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, Ltd ("Cartesian") all their equity interests in Burger King China for approximately $158M in an all-cash transaction.
As a result, RBI now owns nearly 100% of the business and
