---
schema_version: "secwatch.filing_event.v1"
accession: "0001618756-25-000078"
form_type: "8-K"
ticker: "QSR"
cik: "0001618756"
company_name: "Restaurant Brands International Inc."
filed_at: "2025-02-18T23:59:59+00:00"
generated_at: "2026-05-26T16:32:36.125032+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# RBI acquires ~100% of Burger King China for $158M; will seek new local partner

## Summary
- Paid $158M cash to TFI and Cartesian for all equity interests in Burger King China joint venture.
- RBI now owns nearly 100% of the ~1,500-restaurant business; TFI helped grow from 60 in 2012.
- Plans to engage advisors to find a new local operating partner to inject primary capital and become controlling shareholder.
- Transaction aligns with RBI's strategy of partnering with local operators while maintaining franchised model.
- TFI and Cartesian remain partners in other markets (Turkey and Tim Hortons China).

## SEC filing metadata
- accession: 0001618756-25-000078
- form_type: 8-K
- ticker: QSR
- cik: 0001618756
- company_name: Restaurant Brands International Inc.
- filed_at: 2025-02-18T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1618756/000161875625000078/0001618756-25-000078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1618756/000161875625000078/qsr-20250218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001618756-25-000078
- JSON: https://secwatch.observer/filing/0001618756-25-000078.json
- Plain text: https://secwatch.observer/filing/0001618756-25-000078.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.