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30 Oct 2025 8:26
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      Home > News > Business

    Restaurant Brands' independent directors have recommended a below-valuation takeover offer from majority owner Mexico's Finaccess

    Restaurant Brands' independent directors have recommended a below-valuation takeover offer from majority owner Mexico's Finaccess


    They say the risks linked to retaining a stake in the fast-food company outweigh the offer price.

    Business Desk reports the directors recommend shareholders accept five-dollars-and-five-cents-a-share from Finaccess .

    An independent valuation landed on five-dollars-24, to six-dollars-20.

    Restaurant Brands operates KFC, Pizza Hut, Taco Bell and Carl's Junior in New Zealand; KFC and Taco Bell in Australia, and some US and Pacific outlets.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     30 Oct: After a rough year economically, predictions 2026 will be a smoother ride for households and businesses
     30 Oct: Hopes some strong performances for small business, will continue
     30 Oct: Plenty at stake for Fonterra farmers, as they weigh up whether to sell the co-op's consumer brands
     29 Oct: Thousands of Kiwis are reporting issues with ANZ's goMoney app - which is currently down
     29 Oct: Alarm bells for smaller regions - as population growth fizzles out
     29 Oct: A Reserve Bank restructure has cut 20 percent of its workforce
     29 Oct: Commuters on the Auckland City Rail Link will be able to access 5G phone connection from underground
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    After a rough year economically, predictions 2026 will be a smoother ride for households and businesses More...


     Today's News

    		 Entertainment:
    Glen Powell finds fame "exhausting" 8:21

     Business:
    After a rough year economically, predictions 2026 will be a smoother ride for households and businesses 8:17

     Netball:
    An optimistic outlook from the Silver Ferns captain, despite losing netball's Constellation Cup to the Diamonds in Christchurch 8:07

     Politics:
    The Motor Trade Association is welcoming the chance to have a say on Warrant of Fitness inspections 8:07

     Law and Order:
    Attempted murder trial of man who stabbed Australian girl in London dropped on psychiatric grounds 7:57

     Living & Travel:
    A big move by Air New Zealand to secure certainty for its passengers 7:57

     Entertainment:
    David Harewood believes young actors are "a bit mollycoddled" 7:51

     Business:
    Hopes some strong performances for small business, will continue 7:47

     International:
    Louvre suspects to be charged with theft and conspiracy, says Paris prosecutor 7:27

     Environment:
    Reports of looting, at weather ravaged farms in the lower part of the South Island 7:27

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