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Restaurant Brands International Inc. (NYSE: QSR) has announced two significant transactions aimed at bolstering its presence in China. These strategic moves reflect QSR’s confidence in China as a pivotal market and its commitment to driving regional growth.The company has acquired the Popeyes China business from TH International Limited (Tims China) for an enterprise value of $15 million on a cash-free, debt-free basis. This acquisition allows QSR to directly own and operate Popeyes China, which has seen promising growth since opening its first restaurant in Shanghai in August 2023. Currently,…

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