Lenexis-Inspira consortium launches Rs 1,465-crore open offer for 26% of Burger King India operator at Rs 70/share
A consortium led by Lenexis Foodworks, Aayush Trust and Inspira Enterprise has mounted a Rs 1,465-crore open offer for 26% of Restaurant Brands Asia, seeking promoter-group control of the 513-restaurant Burger King India operator. The offer runs June 8-19 at Rs 70/share, against a backdrop of Q4 net loss of Rs 60.44 crore on revenue of Rs 632.55 crore and 5.1% SSSG.
Consortium led by Lenexis Foodworks, Aayush Trust and Inspira Enterprise launched a Rs 1,465-crore open offer for 26% of Restaurant Brands Asia (Burger King India operator) at Rs 70/share, seeking promoter-group control.
Why this matters
Open offer signals a control transition at India's Burger King master franchisee, which posted a Rs 60.44 crore Q4 loss despite 5.1% SSSG across its 513-restaurant footprint.
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