US-listed shares of Restaurant Brands up after Burger King China JV with CPE

Restaurant Brands International

10/11/2025 15:47

** U.S.-listed shares of Restaurant Brands International QSR.TO, QSR.N rise about 2% to $68.52

** Chinese firm CPE will invest about $350 million in Burger King China

** CPE will hold 83% stake in business, Restaurant Brands  about 17%

** Aims to triple store count by 2035

** Restaurant Brands will receive royalties from Burger King China once deal closes

** 12 of 20 brokerages rate the stock "buy" or higher and 8 "hold"; their median PT is $77

 (Reporting by Chandni Shah in Bengaluru)

 ((Chandni.shah@thomsonreuters.com))