Burger King owner said to be in advanced talks to buy Popeyes
Fried chicken is enjoying a renaissance, as Americans are set to eat more of it than ever before on record
New York
RESTAURANT Brands International Inc, the owner of Burger King, is in advanced talks with Popeyes Louisiana Kitchen Inc about a takeover of the fried-chicken chain, according to people familiar with the matter.
Negotiations between the companies are ongoing, and a transaction could be announced as early as this week, said the people, who asked not to be identified as the details aren't public.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Sheng Siong Q1 net profit up 9.3% on higher revenue
Nestle sales growth sputters on US slump, vitamin snags
Hermes Q1 sales jump 17% on strong China demand
Cordlife’s independent auditor to retire after issuing disclaimer of opinion on FY2023 financials
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO
Cordlife customers push for legal action