Restaurant Brands Asia has successfully completed the acquisition of controlling stake of 87.75% in PT Sari Burger Indonesia (BK Indonesia) on March 9, 2022 as per the terms of the sale and purchase agreement executed by and amongst the company, QSR Indoburger (QSR Indo), PT Mitra Adiperkasa TBK (MAP), F&B Asia Ventures (Singapore) and BK Indonesia on December 16, 2021 (SPA) and the Share Subscription cum Shareholders’ Agreement executed between the Company, PT Mitra Adiperkasa TBK, and BK Indonesia on December 16, 2021, as amended (SSHA). Consequently, BK Indonesia has become a subsidiary of the company wherein the company holds 87.75% of the equity shares in BK Indonesia.
Restaurant Brands Asia operates as a restaurant. The company prepares and distributes ready to eat food products such as burgers, fries, and beverages. Burger King India serves customers in India.
