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Restaurant Brands International to form joint venture for Burger King China to accelerate expansion
Earlier this year, a subsidiary of Restaurant Brands acquired its equity interests from its previous Burger King China partners, Turkish-based operator TFI and U.S.-based private equity firm Cartesian Capital, for roughly $158 million in cash. At the time, the company said it planned to find a local operator as a partner.
Yan Wai Yan dishes up an eight-act period performance with an eight-course meal and provides hanfu clothing for those wishing to dress up.
Restaurant Brands International said on Monday Chinese firm CPE will invest about $350 million in Burger King China as part of a joint venture that aims to more than triple the burger chain's store count by 2035.
The Canadian Press on MSN
Restaurant Brands signs joint venture deal for Burger King in China
Restaurant Brands International Inc. has signed a joint venture deal with Chinese alternative asset manager CPE to help grow Burger King in China.