BRIEF: Burger King owner RBI buys out China master franchisee
Restaurant Brands International Inc. (QSR.US) (RBI) said on Tuesday that it had acquired all shares of the operator of its Burger King chain in Mainland China for $158 million from…
TH International dumps Popeyes to focus on struggling Tim Hortons
The Chinese fast-food operator is raising $50 million in new funding through the sale of convertible notes to its two founding partners Key Takeaways: TH International will return China rights…
TH International expansion plans slow on need for ‘more capital’
The operator of the Tim Hortons chain in China is falling behind its aggressive expansion plans amid disagreement with the brand’s owner about new investment Key Takeaways: TH International needs…