All Burger King articles – Page 30
-
News
Diageo sells Burger King to management
Diageo announced this morning that it has finally agreed the sale of Burger King to a private equity consortium backing the fast-food firm’s management for $2.26bn (£1.43bn) in cash. The transaction equals roughly 1x Burger King’s 2001 book value excluding goodwill, or 0.71x after goodwill, and an enterprise value over ...
-
News
Domino Pizza owner may be after Burger King
Bain Capital, the owner of the Domino’s Pizza chain, is believed to be one of the possible bidders for Diageo’s Burger King empire.Diageo said it has received “some approaches” for Burger King but declined to confirm if Bain Capital, Blackstone Group and Texas Pacific Group were on the list.Blackstone, an ...