Nov 10 - Restaurant Brands International

said on Monday Chinese firm CPE will invest about $350

million in Burger King China as part of a joint venture that

aims to more than triple the burger chain's store count by 2035.

Following the transaction, CPE will hold an 83% stake in the

business, while RBI will retain about 17% and a seat on the

board.

The move comes after RBI in February bought out stakes in

Burger King China for about $158 million, saying it would seek a

local partner to invest in the business amid softening demand

and stiff competition in China's fast-food market.

The Tim Hortons parent, which beat its quarterly sales and

profit estimates last month, will receive royalties from Burger

King China in the international segment once the deal with CPE

closes, which is expected to be in the first quarter of 2026.