All Operators articles – Page 650
-
News
Diageo sells Burger King to management
Diageo announced this morning that it has finally agreed the sale of Burger King to a private equity consortium backing the fast-food firm’s management for $2.26bn (£1.43bn) in cash. The transaction equals roughly 1x Burger King’s 2001 book value excluding goodwill, or 0.71x after goodwill, and an enterprise value over ...