Major Burger King Shake-up in Spain as €2.3 Billion Deal Changes Ownership
21 Articles
21 Articles
They have acquired 51% of Cinven, owner of other chains such as Popeyes or Tim Horton
informacion.es
Gregorio Jiménez once again has the last word in the company he founded. The executive president of Restaurant Brands Europe (RBE), the company that exploits Burger King in Spain, has concluded an agreement to buy the stake of the British Cinven fund. The operation is valued at more than 2.3 billion euros, as the company has announced this Friday. When completed, Jiménez will control 51% of the capital.
Burger King is Spanishized, at least in our country. During this Friday afternoon, Restaurant Brands Europe (RBE), the parent owner of the rights in Spain of the famous restaurant chain, has announced a change in its share structure with the departure of the British fund Cinven, which until now held the ... Continue reading "The founder of Burger King Spain joins a group of investors to regain control of the company by 2.3 billion"
The purchase, for which they have acquired the participation in the company of Cinven for 2.3 billion euros, will be financed by a loan of 1.4 billion granted by Santander CIB, JPMorgan and BBVA.
The CEO and founder of Restaurant Brands Europe (RBE) -- Burger King's owner in...
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
