Restaurant Brands International completes $1bn acquisition of Carrols Restaurant Group

Restaurant Brands International completes $1bn acquisition of Carrols Restaurant Group

Restaurant Brands International Inc. (“RBI”) has finalized its acquisition of all issued and outstanding shares of Carrols Restaurant Group, Inc. for $9.55 per share, culminating in a total enterprise value of approximately $1.0 billion. This transaction marks a significant expansion for RBI, bringing the largest Burger King franchisee in the United States under its corporate […]

EDP to power 300 Burger King restaurants in Spain with solar panels

EDP to power 300 Burger King restaurants in Spain with solar panels

Hamburger fast food chain Burger King has signed an agreement with Energias de Portugal (EDP), a Portuguese electric utility, for the installation of photo-voltaic panels in nearly 300 of its restaurants in Spain. The agreement enables the US fast food giant to generate and consume renewable energy in its facilities. The partnership with the Portuguese […]