Restaurant Brands International

Iconic sub sandwich chain plans to open 165 restaurants across Australia in next 10 years TORONTO , Feb. 18, 2025 /PRNewswire/ - Firehouse Subs®, the iconic American sub sandwich restaurant chain renowned for delivering large, flavorful portions and exceptional customer experience, is coming to Australia this year. Retail Food Group (RFG), Australia's largest multi-brand retail food franchisor, intends for Firehouse Subs to become the #1 sandwich choice in the country, with plans to open 165 restaurants in 10 years, and the first restaurant planned to open in Southeast Queensland in late 2025.» Mehr auf prnewswire.com

Restaurant Brands International said on Tuesday it has bought stakes in Burger King China from its local franchisee for about $158 million, giving it nearly total ownership of the business.» Mehr auf reuters.com

RBI acquires partners' equity stakes and will identify a new local operating partner Transaction shows commitment to drive long-term growth in China TORONTO , Feb. 18, 2025 /PRNewswire/ -- Restaurant Brands International Inc. (NYSE: QSR) (TSX: QSR) (TSX: QSP) ("RBI", "Company") announced today that a subsidiary of RBI has acquired from TFI Asia Holdings BV ("TFI") and Pangaea Two Acquisition Holdings XXIII, Ltd ("Cartesian") all their equity interests in Burger King China for approximately $158M in an all-cash transaction. As a result, RBI now owns nearly 100% of the business and will engage advisors to assist the company to identify a new local partner to inject primary capital into the business and become the controlling shareholder.» Mehr auf prnewswire.com