Who owns Restaurant Brands International?
Restaurant Brands International Inc. (RBI) is a multinational fast-food holding company. It was formed in 2014 by the $12.5 billion merger between American fast-food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons and expanded by the 2017 purchase of American fast-food chain Popeyes Louisiana Kitchen. The company is the fifth-largest…
Restaurant Brands International Inc. (RBI) is a multinational fast-food holding company. It was formed in 2014 by the $12.5 billion merger between American fast-food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons and expanded by the 2017 purchase of American fast-food chain Popeyes Louisiana Kitchen. The company is the fifth-largest operator of fast food restaurants in the world behind Subway, McDonald’s, Starbucks, and Yum! Brands.
Who owns Restaurant Brands International?
In 2014, American fast-food chain Burger King announced that it was in negotiations to merge with the Canadian coffee shop and restaurant chain Tim Hortons. The proposed merger would involve a tax inversion into Canada, with a new holding company majority-owned by Burger King’s current majority-owner, 3G Capital, in addition, to the remaining shares in the company held by current Burger King and Tim Hortons shareholders. Jose Cil was named the CEO of Restaurant Brands International, and Daniel Schwartz was named the executive chairman of the company.
