India's Burger King operator up as Inspira Global takes controlling stake

Restaurant Brands Asia

21/01/2026 04:22

** Shares of Restaurant Brands Asia RESR.NS, which operates Burger King restaurants in India, rise 2.65% to 65.37 rupees

** Stock set to snap three sessions of losses

** Inspira Global to buy a controlling stake in the firm

** The Indian business group will also acquire Everstone's 11.26% stake in RESR, taking its total stake to about 35%

** Inspira, which operates brands such as Chinese Wok and Big Bowl, will pay 70 rupees/share, a premium of about 10% to Tuesday's closing price - RESR

** Reuters reported on Monday that RESR was set to bring in a new strategic investor, with Everstone also exiting

** Shares closed 1.3% down on Monday

** Analysts have a "buy" rating on avg; median PT is 83.50 rupees - data compiled by LSEG

** RESR up ~3% so far in January

 (Reporting by Urvi Dugar in Bengaluru)

 ((UrviManoj.Dugar@thomsonreuters.com;))