Friday 29 March 2024
 
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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

More…

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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