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Europe Daily Bulletin No. 8317

12 October 2002
Contents Publication in full By article 18 / 46
GENERAL NEWS / (eu) eu/competition
Commission clears acquisition of Burger King

Brussels, 11/10/2002 (Agence Europe) - The European Commission has cleared the proposed acquisition of US-based fast-food chain Burger King Corp by US investors TPG Advisors III, Goldman Sachs Group and the Bain Capital Fund VII. Burger King is currently a wholly owned indirect subsidiary of UK-based beverages group Diageo PLC with more than 10,000 franchised or company-owned restaurants. The Commission examined whether the purchasers already had interests in the sector. Bain Capital does in...

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