Burger King purchase the Tim Hortons for $ 11.5 billion

The Tim Hortons, Canadian company of coffee and donuts and Burger King, both active in the segment of fast food (fast food) announced yesterday the addition of tags to create the third largest segment of the world group. With the amount of $ 11.5 billion more shares, the two networks designs rely on sales of $ 23 billion to earn 18 thousand restaurants, opened in 100 countries.
Controller of Burger King, the private Capital equity3G Fund which acquired the network in 2010 for $ 3.3 billion-commanded by Brazilians Jorge Paulo Lemann, Marcel Telles and Beto Sicupira-will have a stake of about 51 percent, in the new company created. The company will have headquarters in Canada, according to a statement released by Tim Hortons. After the completion of the transaction, each brand will be managed independently. The Board of the new institution will have eight current executives of Burger King and three others who shall be appointed by the Tim Hortons and communicated to the market soon.
According to information disclosed by the companies, Burger King will invest another $ 12.5 billion, and assume a debt package of more than $ 9 billion, liabilities that led by JPMorgan and Wells Fargo. According to reports from Reuters, the Berkshire Hathaway, businessman Warren Buffett, will come with another $ 3 billion to finance the networks, but will have no role in Enterprise Manager.