3G Capital-owned Burger King in talks to buy Tim Hortons: Reuters
Burger King is in talks to acquire coffee and doughnut chain Tim Hortons Inc in a deal that would create a fast food powerhouse with a market capitalization of roughly US$18 billion, Reuters reported. Burger King and Tim Hortons recently confirmed their merger discussions, saying the new Canada-based business would be the world's third-largest quick service restaurant. The companies said U.S. private investment firm 3G Capital, the owner of Burger King, would continue to own the majority of the shares in the new combined entity on a pro forma basis.
25 August 2014•4 mins read
