Burger King to relist on New York Stock Exchange

Fast-food giant Burger King is to relist on the New York Stock Exchange (NYSE).

Burger King is continuing with a menu and store overhaul programme

It follows the announcement that its owner, private equity group 3G Capital, is to sell a 29% stake for $1.4bn (£881m) to UK-based investment vehicle Justice Holdings.

Once the sale is complete, Justice Holdings' shares will suspend trading on the London Stock Exchange.

Shares in Burger King will then be floated on the NYSE.

This is expected to take place within the next two to three months. It is not yet known what percentage of shares will be sold.


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