(Alliance News) - The UK division of fast-food chain Burger King is planning an initial public offering on the London Stock Exchange next year, the Times reported on Saturday.
Burger King UK, which holds the master franchise for the UK from New York-listed Restaurant Brands International Inc, was bought by private equity firm Bridgepoint in 2017. It is in talks with investment bankers Investec PLC and Numis Corp PLC for the float, according to the newspaper.
The Times noted that Burger King UK had sales of GBP117 million in 2020 from 530 restaurants.
https://www.thetimes.co.uk/article/burger-king-uk-cooks-up-600m-float-67tw3vnpr
By Tom Waite; thomaslwaite@alliancenews.com
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