Hamburg. (bm) Restaurant Brands International Inc. (RBI) and Popeyes Louisiana Kitchen Inc. announced that the companies have reached an agreement for RBI to acquire Popeyes for 79.00 USD per share in cash, or 1.8 billion USD. The acquisition of Popeyes will add a successful, highly-regarded brand with strong customer loyalty to RBI, one of the largest global quick service restaurant companies with two of the world’s most iconic QSR brands – Burger King and Tim Hortons. Other topics of the week:
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- Popeyes: Reports Fiscal 2016 Earnings Results [US] Fri 02-24
- RBI: Agrees to Acquire Popeyes Louisiana Kitchen [CA] Thu 02-23
- Papa John’s: Announces Fourth Quarter 2016 Results [US] Thu 02-23
- Mondelez: Details Growth Strategy and Reaffirms Outlook [US] Thu 02-23
- Canada Bread: to Close Bakery in Quebec [CA] Thu 02-23
- Tiger Brands: sells stake in Kenya business [ZA] Thu 02-23
- Red Robin: Reports Results for Fiscal Q4 and Year 2016 [US] Thu 02-23
- UK Food and Drink Exports Break 20-billion-barrier [UK] Wed 02-22
- Ardent Mills: names Chief Financial Officer [US] Wed 02-22
- Sweden: Cloetta to acquire Candyking [SE] Tue 02-21
- Snyder’s-Lance Makes Strategic Investment in Colorado [US] Tue 02-21
- Campbell: Reports Second-Quarter Results [US] Mon 02-20
- General Mills: updates 2017 key financial targets [US] Mon 02-20
- Mondelez: to close Cadbury factory in New Zealand [US] Sat 02-18
- Yum! Brands: Announces Changes to Board of Directors [US] Sat 02-18