secwatch.observer — SEC 8-K summary
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Issuer:     Restaurant Brands International Inc. (QSR)
CIK:        0001618756
Form:       8-K
Filed at:   2025-11-10T23:59:59+00:00
Accession:  0001618756-25-000302
Event type: m_and_a
Sentiment:  negative
Materiality: 0.80
Item codes: 2.06, 8.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RBI forms Burger King China JV with CPE; takes $150M impairment charge
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- CPE invests $350M for ~83% stake; RBI retains ~17% and a board seat.
- RBI to record non-cash impairment charge of ~$150M on its Burger King China holdings.
- JV aims to grow from ~1,250 restaurants today to over 4,000 by 2035.
- RBI enters 20-year master development agreement for exclusive Burger King rights in China.
- Transaction expected to close in Q1 2026, subject to regulatory approvals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618756/000161875625000302/0001618756-25-000302-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618756/000161875625000302/qsr-20251107.htm
  HTML page:      https://secwatch.observer/filing/0001618756-25-000302

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