Tim Hortons Owner to Buy Popeyes Chicken for $1.8 Billion

Restaurant Brands International plans to acquire Popeyes Louisiana Kitchen for $1.8 billion. The acquisition is expected to bring synergies and growth opportunities, both domestically and internationally. The deal will increase Restaurant Brands' leverage ratio but remains within their target range, minimizing investor concerns. Popeyes' strong brand and international appeal, especially in markets favoring chicken and spicy flavors, align with Restaurant Brands' growth strategy.

What is the value of the deal for Restaurant Brands to acquire Popeyes Louisiana Kitchen?

• 3.0 billion U.S. dollars

• 1.2 billion U.S. dollars

• 2.5 billion U.S. dollars

• 1.8 billion U.S. dollars

What is one of the expected synergies from the merger between Restaurant Brands and Popeyes?

• Increase in employee count

• Reduction in SG&A as a percentage of sales

• Expansion of menu items

• Increase in advertising costs

How will the acquisition affect Restaurant Brands' leverage ratio?

• It will increase to 6.0

• It will remain the same

• It will increase to 4.9

• It will decrease to 3.0

Why is Popeyes considered to have strong global appeal?

• Its chicken and spicy flavors are popular internationally

• It focuses on gourmet dining experiences

• It offers a wide range of vegan options

• It has a large number of outlets in Europe

What type of cuisine does Popeyes specialize in that supports its international growth?

• Italian cuisine

• Spicy flavors, shrimp, and rice

• Mexican cuisine

• Japanese cuisine