Restaurant Brands International acquires Tim Hortons
Burger King, controlled by 3G Capital, merged with Tim Hortons to create Restaurant Brands International, headquartered in Canada. The move drew criticism in the United States as a tax inversion, and Berkshire Hathaway provided $3 billion of preferred equity financing.
- Value
- $12.5bn
- Seller
- Tim Hortons Inc.
- Regulatory
- None recorded