News | Business
28 Oct 2025 21:03
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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
     28 Oct: The cost of living for the average household isn't rising as fast as overall consumer prices
     28 Oct: A new flight route is taking off between Christchurch and its sister city, Adelaide
     28 Oct: Queenstown tourism operators are heading into summer on a high, with strong visitor numbers and growing optimism
     27 Oct: Foreign spies are trying to steal Australian research. We should be doing more to stop them
     27 Oct: NZ’s first marine reserve is turning 50 – the lessons from its recovery are invaluable
     27 Oct: Taranaki's deep water port could make it a clear contender for being a defence manufacturing hub
     27 Oct: An argument pensions should come later - to make superannuation sustainable
     Top Stories

    RUGBY RUGBY
    Midfielder David Havili is happy to play his part in developing the country's next top rugby stars during the All Blacks XV's upcoming three-match Northern Tour More...


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



     Today's News

    Entertainment:
    Mindy Kaling recently turned down a date set up by Reese Witherspoon 20:51

    Entertainment:
    Wheel of Fortune star Vanna White tries on "30 to 40" dresses for the game show 20:21

    Entertainment:
    Carly Rae Jepsen has married Cole M.G.N. 19:51

    Entertainment:
    Teri Hatcher lost her virginity on her parents' waterbed without protection 19:21

    Politics:
    A sexual education expert says terms used in Government curriculum changes are too vague 18:57

    Politics:
    Japan and US sign deal on rare earths as new Prime Minister Sanae Takaichi goes on 'charm offensive' 18:57

    Entertainment:
    Paris Fury wants to be Molly-Mae Hague's wedding planner 18:51

    Rugby League:
    An NRL Premiership winner's set for his Kiwis debut in Sunday's Pacific Championships league clash with Tonga 18:37

    Entertainment:
    Adam Scott guarded his children from his fame when they were little 18:21

    International:
    Nicole Kidman, Baz Lurhmann open Vogue World in tribute to old Hollywood glamour 18:17


     News Search






    Power Search


    © 2025 New Zealand City Ltd