Lenexis-led group completes acquisition of Burger King India operator for Rs 2,235 crore
A Lenexis Foodworks-led consortium has taken control of Restaurant Brands Asia, the Burger King India operator, deploying Rs 2,235 crore for a 41.78% stake and new promoter status, rising to 48.04% upon warrant conversion. Separately, PC Jeweller cleared all debt and Heritage Foods clarified its 'Fresh' branding usage.
Lenexis Foodworks-led group completed acquisition of control in Restaurant Brands Asia (Burger King India operator) with Rs 2,235 crore, taking 41.78% stake and new promoter status. PC Jeweller cleared all debt; Heritage Foods clarified 'Fresh' branding usage.