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flag Burger King is expanding in China via a $350M joint venture with CPE, aiming for 4,000 locations by 2035.

flag Restaurant Brands International (RBI) has partnered with Chinese asset manager CPE in a $350 million joint venture to expand Burger King in China. flag The deal will grow the brand from roughly 1,250 to over 4,000 locations by 2035, with CPE holding an 83% stake and RBI 17%. flag Expected to close in early 2026 pending approvals, the 20-year agreement also allows RBI to earn royalties from the China operations.

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