RBI and CPE finalise Burger King China JV [Yahoo! Finance]
Restaurant Brands International Inc. Common Shares (QSR)
Last restaurant brands international inc. common shares earnings: 5/1 06:30 am
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Source: Yahoo! Finance
The deal closes more than two months after RBI and CPE signed an agreement to accelerate Burger King's expansion in China. Under the completed transaction, CPE has provided $350m in new primary capital to the JV. The entity now holds 83% of the equity while RBI maintains a 17% minority interest and one seat on the board of directors. In a statement, RBI said the JV combines Burger King's “globally iconic brand and products” with CPE's “deep local market expertise”. The structure is intended to support a faster rollout of restaurants and improve the customer experience across the market. Alongside the JV, a wholly owned subsidiary of Burger King China has signed a 20-year master development agreement. This grants it exclusive rights to establish and operate the Burger King brand throughout mainland China. CPE and RBI have set a target to expand Burger King's store count in China from approximately 1,250 outlets to more than 4,000 by 2035. Their plans also include drivi
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QSR
Earnings
- 10/30/25 - Beat
QSR
Sec Filings
- 1/30/26 - Form 4
- 1/30/26 - Form 3
- 1/30/26 - Form 8-K
- QSR's page on the SEC website