Restaurant Brands director Stephen Copulos agrees to sell to Finaccess

Mon, 26 Nov 2018

By Paul McBeth Nov. 26 (BusinessDesk) - Restaurant Brands New Zealand director Stephen Copulos has agreed to sell his 8.6 percent stake in the fast food franchise operator to Mexican suitor Finaccess Capital. Australian director Copulos joined the board in 2016 when he sold his New South Wales KFC franchise to Restaurant Brands for A$82 million in cash and shares, and now he wants to cash up his remaining stock and accept the Finaccess deal. He has entered a lock-up arrangement with the Mexican firm to sell his 10.6 million shares at $9....

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