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.

Talks could still fall apart, the people said. Popeyes has a market value of about US$1.37 billion,...

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