Burger King Worldwide Holdings Inc said it would go public through an agreement with London-listed investment firm Justice Holdings Ltd.
3G Capital, which purchased Burger King in September 2010 in a $3.26 billion deal, will get about $1.4 billion in cash and retain a 71 percent stake, the hamburger restaurant chain said in a statement.
Justice Holdings' shareholders will own a 29 percent stake in the combined company, which will be renamed Burger King Worldwide and incorporated in Delaware.
The newly-formed combined company is expected to list on the New York stock exchange.
Copyright 2012 Thomson Reuters. Click for restrictions.
ok state kurt budke regis philbin regis and kelly reno fire regis philbin last show regis philbin last show
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.