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.


Warner Bros Discovery Weighs Amended Paramount Skydance Bid as Netflix Takeover Battle Intensifies
China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries
Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement
Yen Slides as BOJ Caution Undercuts Rate Hike Impact
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns
Novo Nordisk Stock Surges After FDA Approves Wegovy Pill for Weight Loss
U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise
FDA Fast-Tracks Approval of Altria’s on! PLUS Nicotine Pouches Under New Pilot Program
California Regulator Probes Waymo Robotaxi Stalls During San Francisco Power Outage
EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks
South Korea Central Bank Warns of Rising Financial Stability Risks Amid Won Volatility
Bridgewater Associates Plans Major Employee Ownership Expansion in Milestone Year
UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile
Italy Fines Apple €98.6 Million Over App Store Dominance
John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training 



