Burger King has been purchased by an investment fund with Brazilian background

By: trademagazin Date: 2010. 09. 03. 00:02

According to the Financial Times; The world's second largest hamburger chain, the Burger King Holding Inc. agreed with the Brazilian background 3G investment fund to acquire the company.

According to the informations of the Financial Times; the parties agreed over a purchase price of 4 billion USD. The market capital value of the company is 2.3 billion USD. Burger King was purchased by TPG, Bain Capital and Goldman Sachs from the British drinks distributor company, Diageo in 2002, for 1.5 billion dollars – reports Világgazdaság Online.

Related news