Hints and tips:
...In 2017, Restaurant Brands bought Popeye’s Louisiana Kitchen for $1.8bn in cash to get into the chicken sandwich game. And in 2021, Restaurant Brands paid $1bn in cash for Firehouse Subs....
...RBI’s 33 per cent ebitda margin is a third less than McDonald’s, according to S&P Global Market Intelligence....
...Privately owned Dhanani, based near Houston in Texas, operates about 850 restaurants, including Popeyes and Burger King....
...Supporters say evidence that they are prepared to invest is apparent at Restaurant Brands International, the vehicle 3G set up to bring under one roof the fast-food chains Burger King and Popeye’s and Canadian...
...There is a respected seafood restaurant here, The Captain’s Galley, but it doesn’t open until the evening, so we eat cod and chips above a pub called Popeye’s....
...By close the S&P 500 rose 0.3 per cent to 1,992.37, while the Dow Jones Industrial Average gained 0.4 per cent to 17,039.49. The Nasdaq Composite added 0.1 per cent to 4,532.10....
...P 500 up +0.49% at 1,960 Bovespa down -1.58% at 53,426 Asia Nikkei 225 up +0.27% at 15,308 Topix up +0.21% at 1,263 Hang Seng up +1.45% at 23,198 Shanghai Composite up +0.65% at 2,039 MSCI Asia ex-Japan...
...The deal is believed to value the 1,700-strong chain of restaurants, which rivals KFC and Popeyes, at about $390m....
International Edition