Diageo Plc's plans to sell the world's No. 2 hamburger chain Burger King for $2.26 billion to a private equity consortium cleared U.S. antitrust review. (Business Briefs).Diageo Plc's plans to sell the world's No. 2 hamburger chain Burger King for $2.26 billion to a private equity consortium cleared U.S. antitrust review. The waiting period that is required while antitrust authorities review whether a transaction would hurt competition or not expired, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a list of transaction grants. Diageo will receive $2.26 billion in cash for Burger King, which is being sold on a debt-free basis to Texas Pacific Group, Bain Capital Bain Capital LLC is a Boston, Massachusetts-based private equity firm founded in 1984 by Mitt Romney, the former Governor of Massachusetts, and two other partners from the consulting firm Bain & Company: T. Coleman Andrews III and Eric Kriss. and Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. Capital Partners. Diageo, which owns Smirnoff vodka, Johnnie Walker Johnnie Walker is a brand of Scotch whisky produced in Kilmarnock, Scotland. It is the most widely distributed brand of Scotch whisky in the world, sold in almost every country and with yearly sales of over 120 million bottles. scotch and Guinness beer, is selling off the underperforming fast-food chain to focus on growing its drinks brands, and expects to return some of the proceeds to shareholders. |
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