date:Dec 21, 2012
Burger King Worldwide, Inc. (NYSE: BKW), today announced that it has entered into a joint venture agreement for Mexico with Alsea, S.A.B. de C.V. (BMV: ALSEA) focused on significantly increasing the BURGER KING brand presence in this important market.
As part of the transaction, ALSEA and BKW will contribute their BURGER KING restaurants in Mexico to form a joint venture through a merger of BKWs Mexican subsidiary into Operadora de Franquicias Alsea S.A. de C.V. (OFA). The new joint venture com