US EditionBurger King UK seeks £40m refinancing for expansion
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Burger King UK seeks £40m refinancing for expansion
Burger King’s main UK operator Bridgestone is initiating talks with lenders for a significant refinancing, as the fast-food group plans to open 30 new restaurants this year, according to Sky News. Almost eight years after acquiring the business, the private equity firm has committed £35m in new equity as part of Burger King UK’s business plan and is now seeking an additional £40m in refinancing. Sky News has learnt that the deal which will also…
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