Bridgepoint, the London-listed private equity firm, is close to striking a long-term deal with Restaurant Brands International (RBI), the US-based owner of the Burger King brand.
City sources said that under a new master franchise agreement (MFA) that would run until about 2034, the owner of Burger King UK would be required to invest in at least 20 new openings annually, rising to close to 40 over time.
A deal is likely to be announced within weeks, they added.
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