Friday 19 December 2014
 
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Burger King

Burger King to buy Canada food chain for $11.5bn

Burger King Worldwide announced plans to buy Canadian coffee and doughnut chain Tim Hortons for C$12.64 billion ($11.53 billion) in a cash-and-stock deal that would create the world's third-largest fast-food restaurant group.

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Burger King in $18bn merger talks with Canada chain

Burger King is in talks to combine with Canadian coffee and doughnut chain Tim Hortons in a deal that would create a fast food powerhouse with a market capitalization of roughly $18 billion. The companies confirmed merger discussi

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Burger King to offer lower-fat French fries

Burger King Worldwide, known for its "Whopper" hamburgers, is introducing lower-fat French fries, as consumer groups in the US increase pressure on the food industry to offer healthier alternatives. The hamburger chain s

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US fast-food workers to strike over minimum wage

Fast-food workers across the United States are expected to stage their largest strike to date on Thursday in an almost year-long campaign to raise wages in the service sector. Employees of McDonald's Corp, Wendy's Restaura

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Burger King opens 65th store in Saudi

Burger King brand has opened its 65th restaurant in Saudi Arabia at Galleria Mall on King Fahd Highway in Riyadh as part of its regional expansion plans. The outlet, the largest in the Kingdom, was officially opened by Samer Khaw

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McDonald's posts higher quarterly profit

McDonald's Corporation reported higher quarterly profit yesterday, boosted by better-than-expected sales at established restaurants in the US and its top revenue market of Europe. McDonald's shares rose as investors breathed a sign

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UK fund buys key stake in Burger King

Justice Holding, the London-based investment vehicle co-founded by hedge fund manager William Ackman, said it has bought a 29 per cent stake in leading hamburger chain Burger King for $1.4 billion. The deal paves the way for Burger Ki

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UK fund buys key stake in Burger King

Justice Holding, the London-based investment vehicle co-founded by hedge fund manager William Ackman, said it has bought a 29 per cent stake in leading hamburger chain Burger King for $1.4 billion. The deal paves the way for Burger Ki

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Burger King accepts $3bn 3G Capital offer

Burger King Holdings has agreed to sell itself to investment firm 3G Capital for $3.26 billion, giving the No.2 US fast-food chain breathing room to fix its business and close the gap with leader McDonald's Corporation. At $24 per shar

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Burger King posts lower-than-expected profit

Burger King Holdings posted on Thursday a weaker-than-expected quarterly profit, as the poor economy and high unemployment hurt traffic and said the unpredictable consumer environment would persist. The seller of the Whopper hamburger said

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