Tim Hortons parent company Restaurant Brands Intl could announce Popeyes Chicken acquisition ‘this week’

As the rumours swirl of Tim Hortons’ parent-company Restaurant Brands International taking over Popeyes, a new report suggests a deal will be announced this week.

CNBC states sources at Reuters says, “Restaurant Brands Intl, owner of Burger King & Tim Hortons, nears deal to acquire Popeyes; deal could be announced this week.”

The terms of the deal are not yet known but the report indicates that Popeyes is value Popeyes at over $1.7 billion USD. Popeyes is based in Atlanta and is known for its Louisiana-style fried chicken and buttermilk biscuits. The chain has over 2,000 restaurants, with 1,600 located in the United States.

About Ian Hardy

view all posts

I'm obsessed with Tim Hortons. It runs through my veins and I've probably spent enough money downing Steeped Tea's that I could have purchased my own franchise.