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Finaccess Increases Stake in Restaurant Brands NZ, Eyes Full Takeover

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Finaccess Increases Stake in Restaurant Brands NZ, Eyes Full Takeover

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Restaurant Brands New Zealand Limited ( (RTBRF) ) has shared an update.

Finaccess Restauración, S.L., a substantial shareholder in Restaurant Brands New Zealand Limited, has disclosed a change in its holding, now owning 79.745% of the company’s shares. This change follows a lock-up deed with the Accident Compensation Corporation, which could lead to a full takeover offer by Finaccess for all remaining shares, potentially impacting the company’s ownership structure and market dynamics.

More about Restaurant Brands New Zealand Limited

Restaurant Brands New Zealand Limited operates in the food and beverage industry, focusing on the management and operation of fast-food and restaurant brands. The company is primarily involved in offering a range of dining options through its franchise operations across New Zealand and other regions.

For detailed information about RTBRF stock, go to TipRanks’ Stock Analysis page.

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