Tag: Restaurant Brands International
China – Restaurant Brands International Inc. (RBI) is selling a majority stake in Burger King China to Chinese investment firm CPE as part of a joint venture aimed at accelerating the brand’s expansion in the country. CPE brings local market expertise, operational experience, and significant capital...
The two transactions reflect RBI's confidence in China, one of the largest QSR markets globally, and its commitment to drive growth in the market. RBI's total amount of capital outlay will be up to US$45m for the two transactions.
The expansion was made possible by Tim Hortons APAC and multinational conglomerate Marubeni Corporation.
