Burger King to reach India, strikes franchise JV with Everstone Group


Burger King (BKW) strikes a franchise development JV deal with P-E firm Everstone Group to expand the King's presence in India. The agreement includes sub-franchise rights for all of India.

The company has lagged rivals like McDonalds in expanding in international markets, but has recently made foreign growth a priority - restaurant count expanded in 11.2% in 2012 in Asia, although mix changed to almost exclusively franchised locations.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs