Ibersol is analyzing a non-binding proposal by Restaurant Brands Iberia to buy the Burger King restaurants it owns in Portugal and Spain for €230 million.
Restaurant Brands Iberia manages the Burger King brand in those countries.
The proposal gives Ibersol's restaurants an enterprise value of €230 million on a cash and debt-free basis. It is also subject to a set of assumptions and conditions, including carrying out a confirmatory financial and due diligence process and obtaining internal authorizations and external financing from the buyer.
Ibersol says it would inform the market in due course of the subsequent developments of this process.
The purchase proposal was announced days after Burger King terminated the contract with Ibersol for the development of the brand in Portugal.
Burger King based its decision on Ibersol’s non-compliance with the opening and remodeling of restaurants.
Ibersol considered Burger King’s decision to be "unfair and inappropriate.


Gold Prices Dip Ahead of Fed Decision Amid Rising Middle East Tensions
Iraq Reaffirms Commitment to OPEC as UAE Exits Amid Global Energy Tensions
Trump Urges Iran to Sign Nuclear Deal Amid Ongoing Conflict and Port Blockade
Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook
SMC Corp Stock Surges as Palliser Capital Pushes for Major Share Buyback
Ukraine Faces Pressure to Introduce VAT on Low-Value Imports to Secure IMF Funding
Gold Prices Fall as Strong Dollar and Rising Oil Prices Pressure Markets
Wall Street Futures Rise as Trump Discusses Iran’s Hormuz Strait Proposal and Tech Earnings Loom
OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds
Why Paycom Was Named a 2026 Platinum Employer on the Where You Work Matters List
Kia Cuts EV Prices in Europe as Chinese Carmakers Intensify Competition
Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case
US Sanctions Target Iran’s Shadow Banking Network and Terror Financing
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S.
Trump Rejects Iran Proposal as War Tensions Push Oil Prices Higher
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth 



