Restaurant Brands NZ's indy directors say low offer still tasty

The offer for Restaurant Brands NZ is below the adviser's valuation. (Image: Getty)

Tue, 28 Oct 2025

Restaurant Brands NZ Ltd’s independent directors have recommended a takeover offer well below valuation, saying risks linked to retaining a stake in the fast-food company outweigh the offer price.They recommended shareholders accept the $5.05-a-share offer from Finaccess Restauración, even though it is below the $5.24–$6.20 valuation by independent adviser Calibre Partners Ltd.The offer was at a 70.6% premium to dual-listed Restaurant Brands NZ’s closing price on Sept 29. It was at a 79.6% premium to the one-month volum...

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