Restaurant Brands Aims for Better-Looking Burger Kings in Carrols Deal
Updated Jan. 16, 2024 12:22 pm ET
Your native Burger King would possibly look a bit brisker, sooner, following a $1 billion deal introduced by BK father or mother Restaurant Brands International.
The fast-food holding firm is shopping for its largest U.S. Burger King franchisee, Carrols Restaurant Group, partly to attempt to pace up remodels of older home eating places, it mentioned. RBI mentioned Tuesday that it’s going to pump $500 million into reworking roughly 600 of Carrols’s BK areas, aiming to wrap up the remodels by 2028, sooner than the franchisee would’ve performed by itself.
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Source: wsj.com