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RBI to Acquire Popeyes for $1.8 Billion
- Client News
- February 21, 2017
Paul, Weiss is representing Restaurant Brands International Inc. (RBI) in its proposed acquisition of Popeyes Louisiana Kitchen, Inc. for $1.8 billion. Under the terms of the transaction, Popeyes will continue to be managed independently in the U.S. Popeyes joins two of the world's most prominent and iconic quick service restaurant brands, Burger King and Tim Hortons. The deal is expected to close by early April, pending customary closing conditions.
The Paul, Weiss team included corporate partner Scott Barshay, Brian Lavin, Jeffrey Marell and John Kennedy and counsel Patricia Vaz de Almeida and Caith Kushner; tax partner Jeffrey Samuels and counsel Alyssa Wolpin; intellectual property partner Claudine Meredith-Goujon; antitrust counsel Marta Kelly; employee benefits partner Lawrence Witdorchic; real estate partner Mitchell Berg; litigation partner Daniel Toal; and environmental counsel William O'Brien.