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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 purchases of Popeyes and Firehouse Subs in 2017 and 2021, respectively.
Burger King Corporation ... Burger King predicted 80 percent of its market share would be driven by foreign expansion, ... nearly double the IPO price of ₹60, ...
In August 2014, Burger King announced its intent to acquire the Canadian restaurant and coffee shop chain Tim Hortons. 3G Capital purchased Tim Hortons at $65.50 per-share, and a new holding company was formed, based in Oakville, Ontario, Canada. 3G holds a 51% majority stake, Tim Hortons' existing shareholders owning 22%, and a 27% stake held ...
Carrols Restaurant Group, Inc. is an American franchisee company and is the largest Burger King franchisee in the world; Carrols owns and operates over 1,000+ Burger Kings, and 55 Popeyes restaurants. The company has operated Burger Kings since 1976 in locations across 23 U.S. states. [4]
The mirrored failure and success for the two companies showed itself in the market share of the United States fast-food market: Burger King's share rose a percentage point, to 19.2%, while McDonald's share slipped 0.4 points, to 41.9% by the end of 1997.
Hungry Jack's Pty Ltd. is an Australian fast food franchise of the Burger King Corporation. It is a wholly owned subsidiary of Competitive Foods Australia (with licensing from Restaurant Brands International), a privately held company owned by Jack Cowin.
The first Burger King in Asia opened in Granville Road, Hong Kong on 7 August 1979, as the 2500th Burger King globally. [25] In 1982, franchisees opened stores in several East Asian countries, including Japan, Taiwan, Singapore and South Korea.
The Big King sandwich is one of Burger King's major hamburger products and has been part of its menu for more than twenty years. During its testing phase in 1996–1997, it was originally called the Double Supreme and was configured similarly to the McDonald's Big Mac —including a three piece roll. [ 16 ]