25th Mar 2019 09:28
LONDON (Alliance News) - A US fund that sits on the board of Restaurant Brands International Inc, the parent of chains such as Burger King and Tim Hortons, is building a stake in UK-listed takeaway franchiser Domino's Pizza Group PLC, the Sunday Telegraph reported.
Representatives from Asteya Partners, whose co-founder Ali Hedayat is on the board of Restaurant Brands International, have met with Domino's management for talks over the situation, the Telegraph said.
A Domino's spokesman said: "We welcome feedback and insight from all shareholders. US-based shareholders have significant experience of franchise businesses and are willing to provide advice on franchisee engagement."
https://www.telegraph.co.uk/business/2019/03/23/burger-king-backer-takes-slice-dominos/
Shares in Domino's were up 4.2% at 236.10 pence on Monday.
Related Shares:
Dominos