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.


US Jobs Report Preview: June Payroll Growth Seen Slowing as Fed Rate Decision Looms
Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend
Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May
Tesla Q2 Deliveries Lift Chinese Auto Suppliers as EV Demand Improves
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit
New Zealand Consumer Confidence Rises in June as Inflation Expectations Ease
Suncorp Cuts 2026 Premium Growth Forecast as Australia, New Zealand Markets Weaken
Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes
Asian Currencies Stay Under Pressure as Dollar Holds Near 13-Month High Ahead of U.S. Jobs Report
Kawasaki Heavy Shares Slide on Report of ¥200 Billion Capital Raise Plan
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds
Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens
Oil Prices Slip as Iran Talks and Strong Supply Outlook Ease Market Concerns
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round
Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat
Apple Eyes Chinese Memory Chips as AI Shortage Pressures iPhone Supply Chain
TetherMax Rebranding Highlights Official Exchange Partnerships as Foundation of Trust 



