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.TO) (TSX:QSP.TO) ("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.
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