Takeover price for KFC owner Restaurant Brands 'solid', analysts say

Takeover price for KFC owner Restaurant Brands 'solid', analysts say
Finaccess paid $9.45 a share for 75% of the company six years ago. (Image: NZME)
Gregor Thompson
Analysts like the price cited in Finaccess Restauración's notice to acquire fast-food retailer Restaurants Brands in full.Restaurant Brands disclosed on Tuesday that majority stakeholder Finaccess Restauración, a subsidiary of Grupo Finaccess, had filed a takeover notice to buy the fast-food retailer at $5.05 per share.The price values the company at about $630 million, which would result in Finaccess buying the remaining 25% of the company for about $157m.“From our perspective, that's a solid offer,” Craigs In...

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