GFM Network News


(Popeyes via Businesswire.com)

Tim Hortons owner confirms US$1.8B deal for Popeyes

Reuters — Restaurant Brands International, owner of the Burger King and Tim Hortons fast-food chains, said on Tuesday it would acquire Popeyes Louisiana Kitchen for US$1.8 billion in cash. The deal is a bet by Oakville, Ont.-based Restaurant Brands that it can use its international reach to introduce Popeyes’ Louisiana-style fried chicken and buttermilk biscuits […] Read more






(Peggy Greb photo courtesy ARS/USDA)

Investor group launches campaign to curb antibiotic use in food

Reuters — Fifty-four large investors managing one trillion pounds (C$1.84 trillion) in assets have launched a campaign to curb the use of antibiotics in the meat and poultry used by 10 large U.S. and British restaurant groups. McDonalds and JD Wetherspoon were among those to receive a March 15 letter from institutions including Aviva Investors […] Read more






(Dave Bedard photo)

Tim Hortons owner profit beats Street on lower costs, new items

Reuters — Restaurant Brands International, owner of Burger King and Tim Hortons, reported a better-than-expected quarterly profit, helped by new menu items and lower costs. Most of Restaurant Brands outlets are in the U.S. and Canada. But the company has been opening new restaurants in France, Brazil, Russia and India, following its peers such as […] Read more