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Restaurant Brands International Inc. ( RBI) is a Canadian-American multinational fast food holding company. It was formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the 2017 purchase of American fast-food chain Popeyes.
In July 2007, QSR acquired the Oporto chain of restaurants for A$60 million. In June 2011, Archer Capital acquired QSR from Quadrant Private Equity for an estimated A$450 million. In May 2017 the company was renamed from Quick Service Restaurant Holdings to Craveable Brands Ltd. in advance of a proposed stock market flotation.
You should check out Pershing Square's top 5 stock […] The fund posted a return of 28.9% during the first half of 2020, outperforming its benchmark, the S&P 500 Index which returned -3.1% in the ...
Let's see if Restaurant Brands (QSR) stock is a good choice for value-oriented investors right now from multiple angles.
In 1997, it listed on the New Zealand Stock Exchange with an offer price of NZ$2.20. In 2016, Restaurant Brands shares jumped 9.8 percent on the news that it had purchased New South Wales largest KFC franchiser, QSR Pty Ltd, for A$82.4 million in cash and scrip. As a result of this deal, QSR's vendor Copulos Group will gain a 4.9% shareholding ...
In 2016, McDonald's, Burger King, and Wendy's competed over price. McDonald's had its McPick $2 menu, Burger King had a five-for-$4 meal deal, and Wendy's had a four-for-$4 deal. All saw a 3% to 5 ...
A McDonald's restaurant in New York City. A Café de Coral restaurant in Hong Kong. A fish and chip shop in Broadstairs, Kent, England. A fast-food restaurant, also known as a quick-service restaurant ( QSR) within the industry, is a specific type of restaurant that serves fast-food cuisine and has minimal table service.
According to the latest Consumer Price Index data, whole chicken cost roughly $1.99 per pound, while ground beef fetched $5.13 per pound. Taco Bell ( YUM) saw US sales increase by 2% as the brand ...