Controlled by 3 g, owner of the Burger King buys rival for $1.64 bi

Although the Kraft food group Heinz, of 3 g Capital and of Berkshire Hathaway, have withdrawn this week''s US $143 billion by Unilever, the funds have returned quickly to purchases. On Tuesday, 21, the Restaurant Brands International (RBI), also controlled by the two managers-the first, the Brazilian Jorge Paulo Lemann, Marcel Telles and Beto Sicupira, and second, the Warren Buffett-megainvestidor announced the acquisition, for $1.64 billion, Popeyes Louisiana Kitchen network, fried chicken.
The RBI is owner of the fast-food Burger King and Canadian Tim Horton''s, chain of cafes that acts mainly in Canada and the USA. With the merger of the two companies, in 2014, the RBI had become the third largest fast-food chain in the world, with 20000 restaurants in 100 countries.
Founded in New Orleans in 1972, Popeyes offers typical dishes of the region. At the end of October, the network had 2,631 restaurants, most in franchise system.
The value of the purchase is $79 per share in cash represents a 19 percent premium to the closing price of Popeyes last Friday. The deal is still subject to analysis and approvals of competent bodies.
"With this transaction, the RBI is adding a tag with distinct position and framed in an attractive segment, with strong prospects for growth in the United States and abroad," said Daniel Schwartz, Chief Executive of RBI.
According to the Financial Times newspaper, after they joined to buy Burger King and promote the merger between Kraft and Heinz, Lemann and Buffett may have sensed an opportunity to strengthen its presence in emerging markets, where the fried chicken WINS popularity.
As a basis for comparison, the rival KFC, which is more than three decades in China, has more than 5000 only restaurants in the country.
The negotiation by Popeyes network began a few months ago. According to data from consultancy Dealogic, the operation raises the total value of mergers and acquisitions in the restaurants for $4.71 billion in 12 months. In 2016, the total amount was $29.7 billion, pulled by a division of Yum China, a $9.5 billion deal promoted by Yum Brands, parent company of KFC.