WebA MUTUAL HISTORY HELPS FUEL THE RBI-FIREHOUSE DEAL. The CEOs of Restaurant Brands International and Firehouse Subs bonded over their early years at Burger King. The … WebNov 15, 2024 · RBI says it expects Firehouse to generate about US$1.1-billion in system-wide sales this year. ... Firehouse Subs was founded in 1994 by brothers Chris and Robin Sorensen, ...
Restaurant Brands International Inc. to Acquire Firehouse …
WebNov 15, 2024 · 11.15.2024. By Erica Shaffer. TORONTO – Restaurant Brands International Inc. (RBI), parent company of Burger King, Popeyes and Tim Hortons, expects to add sub sandwiches to its portfolio in the ... WebNov 15, 2024 · Burger King parent Restaurant Brands International announced Monday it bought Firehouse Subs for $1 billion. Shares of the restaurant conglomerate rose more … graph a relation
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WebNov 15, 2024 · Restaurant Brands International has entered into an agreement to acquire Firehouse Subs for $1 billion in an all-cash transaction, the company announced Monday. … WebNov 15, 2024 · Under the terms of the agreement, RBI will acquire Firehouse Subs for $1.0 billion in an all-cash transaction. RBI plans to fund the acquisition through a combination of cash on hand and debt. The transaction is expected to close in the coming months subject to satisfaction of customary closing conditions and regulatory approvals. WebNov 15, 2024 · RBI believes Firehouse Subs is a great fit for the company’s other quick-service restaurant brands, which include the likes of Burger King, Popeyes, and Tim Hortons. “We see tremendous potential to accelerate U.S. and international growth at Firehouse Subs with RBI's development expertise, global franchisee network and digital capabilities,” RBI … chip shop compton