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Burger King takeover

FAST-food giant Burger King has agreed to a takeover for the second time in its history.

The group accepted a $4bn (€3.1bn) bid from 3G Capital, a US investment group backed by Brazilian investors.

The investment group aims to expand by opening new stores in Latin America and America.

The board of the Miami fast-food chain inked a $24-per-share cash takeover bid, which values the burger chain at $4bn (€3.12bn) including about $750m (€585m) of assumed debt.


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