Hints and tips:
Related Special Reports
...In 2014 Burger King, soon to be renamed Restaurant Brands International, bought Canada’s beloved Tim Hortons for nearly $12bn, including $3bn of financing from Warren Buffett’s Berkshire Hathaway....
...Sales at RBI’s other big division Tim Hortons, the Canadian coffee chain, have rebounded nicely. RBI’s net debt of $12.2bn, equal to about 5.1 times adjusted ebitda, is very high....
...The MSCI ACWI returned 8.48 per cent annualised in the 10 years to the end of 2023, while the MSCI USA index returned 11.98 per cent....
...The Brazilian-US investment group behind Kraft Heinz, Burger King and Tim Hortons has been on the hunt for a megadeal ever since it failed to orchestrate the $143bn takeover of Unilever in 2017....
...Schwartz was responsible for turning round Burger King and later growing the Restaurant Brands International holding group, which also includes the coffee chain Tim Hortons and the fast-food chain Popeyes...
...The takeover would be the restaurant industry’s biggest since the 2014 sale of Tim Hortons to Burger King....
...The burger brand is part of a portfolio of fast-food restaurants owned by Restaurant Brands International (RBI), which includes Tim Hortons, a Canadian coffee and doughnut specialist, and American southern...
...Tim Höttges, chief executive of Deutsche Telekom, which controls T-Mobile USA, led the praise for Mr Legere, with the US company now the main driver of its German parent’s growth....
...Restaurant Brands International, the owner of Tim Hortons, was trading 0.8 per cent higher at $66.89....
...Hortons and Popeyes, three fast food and coffee chains that are under the Restaurant Brands International holding group. 3G’s investment in RBI, which dates back to 2010, has been particularly successful...
...Beyond Meat has already partnered with other big chain restaurants including Tim Hortons, Subway and Dunkin Brands as restaurants respond to consumers’ changing diets, but thus far its offerings have been...
...He noted the company’s “guidance only includes customers who are past the testing stage, which means that sales from burgers in Tim Hortons, sausage patties in Dunkin’, Aramark (announced last week), and...
...Mr Legere, 61, has cultivated what he calls a “bad boy” image since he launched his drive to whip T-Mobile USA into a genuine challenger....
...Make them in the USA, no Tariffs!”...
...President Trump whose company makes children’s scooters, warned in his written submission that the tariffs were “likely to put our entire company of 100 people ‘Out of Business’ . . . producing in the USA...
...Last summer, the company announced plans to open 1,500 Tim Hortons coffee and doughnut restaurants throughout China over the next decade....
...Restaurant Brands International, which owns fast-food chains Tim Hortons and Burger King, also sold a $750m junk bond with a coupon below 4 per cent, citing the move lower in interest rates and “strengthening...
...The company said second-quarter net revenue more than tripled year-over-year to $67.3m, driven by new points of distribution, such as its deal to supply the Tim Hortons chain, and greater demand from existing...
...“He is an engineer in the best sense of the word: He is disciplined, analytical, smart,” said Mr Horton....
...Investors have also cheered its expansion through partnerships with restaurants including Tim Hortons and new products like an alternative to ground beef....
...“Dull, dreary and dubiously written,” declared USA Today. A “disappointing creation”, said Entertainment Weekly....
...USA Today joked that buyers might need to take out a mortgage to purchase it....
...Analysts have long hoped for better top-line momentum at BK to offset weak performance at RBI’s other big asset, coffee chain Tim Hortons....
...Still, shares in parent company Restaurant Brands International fell 0.9 per cent in pre-market trading as the group’s other main brand Tim Hortons continued to struggle....
...After initially focusing on the biggest corridors like USA to India, Remitly now offers its services across more than 700 of the developed to developing “corridor pairs”....
International Edition