Burger King on the market?

Burger King for sale? The American fast-food brand seems to be considering buying offers and has started negotiations with potential buyers. The second player of the hamburger market has a capitalization of about 2.3 billion euro and is quoted on the Stock Exchange since May 2006. Among the companies interested in the purchase there might be the private equity fund 3i. The Burger King Holdings Inc has not yet published its sales estimates for 2011, but the group announced a sales and income decrease in the fourth quarter of the fiscal year 2009-2010. The sales, explained the president John Chidsey, decreased by 1% at 623 million dollars (490 million euro about), while the profits decreased by 17% on annual basis at 49 million dollars.

Source: Affari & Finanza