RBI (Restaurant Brands International) is headquartered in Toronto and is 68 percent American owned. 3G Restaurant Brands Holdings LP, an affiliate of the Brazilian investment company 3G Capital, owns a 32% stake in Restaurant Brands International.
LOL. I want to ask why they're too broke to even own a simple coffee chain, but it makes sense that wealthy Americans would take advantage of the currency exchange to buy up Canadian businesses at a "discount."
Edit: Nevermind. Looking at their stock (NYSE: QSR), it's been more of a "haircut" than a "discount." Ouch!
National pride that's limited to sportsball & Tim Hortons (owned by Brazil) & celebrities who fled to Pedowood, never to return.
LOL. I want to ask why they're too broke to even own a simple coffee chain, but it makes sense that wealthy Americans would take advantage of the currency exchange to buy up Canadian businesses at a "discount."
Edit: Nevermind. Looking at their stock (NYSE: QSR), it's been more of a "haircut" than a "discount." Ouch!
I don't understand the specifics, but Tim Hortons merged with Burger King back in 2014 for tax shelter purposes.