Finaccess Restauración has received acceptances to its full takeover offer for Restaurant Brands, which will result in Finaccess controlling more than 90% of the company's shares.
This means that Finaccess will exercise its rights under the Takeovers Code to compulsorily acquire any shares for which it does not receive acceptances.
The compulsory acquisition price will be the same as the offer price of $5.05 per share.
Shareholders who accept the offer will be paid within five working days, while the compulsory acquisition process may take up to 40 working days.
The offer period closes on November 25, 2025.
Restaurant Brands said it intends to request delisting from the NZX and ASX after the compulsory acquisition process begins.
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