Tricon Not Bidding for Burger King, Eyes Asian Concept

  • ---Shares

Louisville, Kentucky--Tricon Global Restaurants Inc., operator of the KFC, Pizza Hut and Taco Bell chains, is not bidding for Burger King, the company has said. Burger King is being auctioned off by its UK parent Diageo Plc, and at least five private investment firms are believed to have submitted bids (see "Burger King Franchisees Work With Texas Pacific on Bid").

Tricon said that it is interested in adding an Asian concept to its current restaurant portfolio, which includes the newly acquired Long John Silver's seafood chain and A&W (see "Tricon to Acquire A&W and Long John Silver's"). -Reuters

Next Article:
Logistics A Game Changer For eCommerce
OK

This website uses cookies to allow us to see how our website and related online services are being used. By continuing to use this website, you consent to our cookie collection. More information about how we collect cookies is found here.