Thursday, November 21, 2024

Restaurant Brands Asia

Everstone Capital, a promoter entity, sold a 2.16 percent stake in Restaurant Brands Asia for INR 113 crore on͏͏ Wednesday͏͏ through͏͏ an͏͏ open͏͏ market͏͏ transaction.͏͏ Meanwhile,͏͏ Mirae͏͏ Asset͏͏ Mutual͏͏ Fund͏͏ acquired͏͏ a͏͏ stake͏͏ in͏͏ the͏͏ company.͏͏...
Restaurant Brands Asia, the operator of Burger King and Popeyes ͏͏in͏͏ India an͏d͏ Ind͏onesia, ͏re͏p͏o͏͏rted ͏͏a redu͏c͏ed fir͏s͏t-͏qua͏rter͏ ͏l͏͏͏oss on͏ M͏o͏nday,͏͏͏ ͏͏͏at͏͏tributin͏g th͏e ͏͏imp͏͏rovement͏͏͏ t͏͏o͏ ͏i͏ncre͏ased ͏͏c͏ustom͏er͏ ͏t͏u͏rn͏o͏͏u͏t͏ ͏d͏͏ri͏ve͏n͏ by ͏off͏ers͏ a͏nd disc͏oun͏͏ts͏.T͏he͏͏ c͏om͏͏͏p͏a͏͏n͏y͏'s conso͏li͏date͏d͏͏ net͏...

Burger King India reports positive Q2 results with menu and store expansion

Restaurant Brands Asia, the franchisee of Burger King India, saw a positive turn in its quarterly financials on Wednesday. The strategic addition of more...

Everstone Capital cashes in on surging market, sells 25% stake in Restaurant Brands Asia

Everstone Capital, the promoter of Restaurant Brands Asia, recently completed a significant transaction on Friday by selling a 25 percent stake in the company...

Restaurant Brands Asia’s Q1 results: Burger King’s India operator faces wider losses amidst rising costs

Restaurant Brands Asia on Monday revealed a steeper first-quarter loss, attributing it to Burger King's India operator facing higher raw material expenses and a...

Jubilant FoodWorks refutes acquisition rumors for Restaurant Brands Asia, remains focused on current brands

Jubilant FoodWorks Ltd (JFL), the franchisee of Domino's Pizza and Dunkin', clarified that it has no intention to acquire Restaurant Brands Asia Ltd, formerly...

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