USA: Four parties in final bidding round for Burger King
By just-food.com editorial team | 4 July 2002
At least three consortia of private equity companies and one trade buyer have placed their hats in the ring for the final bidding round to buy US fastfood giant Burger King. According to the Wall Street Journal, Triarc (which owns the roast beef foodservice chain Arby's) and at least three private equity firms are planning to place bids ranging between US$2bn and US$2.5bn to acquire the world's second-largest burger chain from Diageo of the UK.
just-food articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
At least three consortia of private equity companies and one trade buyer have placed their hats in the ring for the final bidding round to buy US fastfood giant Burger King. According to the Wall Street Journal, Triarc (which owns the roast beef foodservice chain Arby's) and at least three private equity firms are planning to place bids ranging between US$2bn and US$2.5bn to acquire the world's second-largest burger chain from Diageo of the UK.
- Unlimited access to all the latest global food news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-food market research
- Plus much more
If you’re already a member, login here
More articles related to this one
USA: Burger King reopens two outlets in hurricane-hit area
US fastfood giant Burger King has said two of its franchised restaurants in the area hit by hurricane Katrina two weeks ago have reopened.
USA: Burger King franchisees group sues McDonalds
A group of US Burger King franchisees is suing McDonald's, claiming the fast-food leader hurt their bottom lines by running a rigged promotional game in the 1990s.
USA: Burger King launches Chicken Fries
Fastfood company Burger King has launched Chicken Fries, a new chicken strip, at restaurants throughout the US.
