Canadian regulators clear 3G Capital’s merger of Burger King, Tim Hortons
Canada's Competition Bureau has approved Burger King Worldwide Inc's acquisition of Canadian coffee chain Tim Hortons Inc. The agency said the combination is unlikely to result in a substantial lessening or prevention of competition. The $12.64 billion cash-and-stock deal, which is backed by Burger King majority investor 3G Capital, was announced in August. Data provider Preqin recently called it the largest private equity transaction so far in 2014.
28 October 2014•2 mins read
