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Burger King Holdings was the parent company of Burger King when it went public in 2002. [68] Burger King derived its income from several sources, including property rental and sales through company owned restaurants; [68] however, a substantial portion of its revenue was dependent on franchise fees. [68]
On 2 October 2013, Burger King announced on Twitter that it was changing its name to Fries King. The name change was a publicity stunt held in conjunction with the introduction of the new Satisfries. The chain also rebranded one of its locations with the new Fries King logo, signage and packaging.
In 2021, the company expanded to Indonesia after acquiring a 83.24% stake in PT Sari Burger Indonesia (Burger King Indonesia) at an enterprise value of US$ 183 million. [ 126 ] As of December 2022, it operates a combined 558 Burger King restaurants, with 379 being in India and 179 being In Indonesia.
Instead of beef, the patty is made from The Vegetarian Butcher's meat alternative, which is soy-based and mimics the juicy taste of real meat.
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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.
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