, UK

Burger King UK owner hires banks for planned £600m London IPO: report

The timing and size of the deal “have yet to be finalised”.

The owner of Burger King's UK operations has hired Bank of America and Investec to serve up its initial public offering during the first half of 2022, Sky News reported.

The timing and size of the deal “have yet to be finalised”, but sources cited by the report suggested that a flotation was now “a likelier outcome” than a sale to another private equity firm.

A sale, however, remains possible depending on public market conditions “at the time.”

Burger King UK CEO Alasdair Murdoch unveiled plans to eliminate some of its meat menu items and shift to a 50% plant-based menu by 2031, with the company also having committed to phasing out all single-use plastics in its restaurants by 2025.

Read the full report here.

Follow the link for more news on

Join QSR Media UK community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Velvet Taco tackles brand identity ahead of London launch
The brand wants to be known for its inventive menus and its made-from-scratch tacos.
New concepts
Larks Vs Owls: A cross-country comparison of QSR traffic
Data reveals that the British like to have a hearty breakfast whilst the French often go for late-night dining.
Research