Latest Restaurant Brands (ASX:RBD) News

Trading in Restaurant Brands New Zealand Limited shares has been suspended following compulsory acquisition notices issued by Finaccess Restauración, S.L., signaling a pivotal ownership change.

Finaccess Restauración, S.L. has closed its takeover offer for Restaurant Brands New Zealand Limited, securing approximately 98% ownership and initiating compulsory acquisition of remaining shares ahead of the company’s delisting from NZX and ASX.

Finaccess Restauración, S.L. has secured acceptances exceeding 90% in its takeover bid for Restaurant Brands New Zealand, setting the stage for compulsory acquisition of remaining shares and imminent delisting.

Restaurant Brands New Zealand’s Independent Directors unanimously recommend shareholders accept Finaccess Restauración’s NZ$5.05 per share takeover offer, citing significant premium and risk mitigation despite the offer being below assessed valuation.

Restaurant Brands New Zealand advises shareholders to hold off on responding to Finaccess's takeover offer until the Target Company Statement is released, promising clearer guidance by late October.

Finaccess Restauración, S.L. has launched a formal, unconditional takeover offer for all remaining shares of Restaurant Brands New Zealand Limited at NZ$5.05 per share, representing a substantial premium over recent trading prices.

Restaurant Brands New Zealand Limited reported record group store sales of NZ$703.2 million for the half year ended 30 June 2025, but rising costs pressured profits and margins across key markets.

Restaurant Brands New Zealand Limited posted record group store sales of NZD 703.2 million for the first half of 2025, driven by strong growth in Hawaii and new store openings in New Zealand. However, profit margins came under pressure from rising costs, leading to a 5.6% drop in net profit after tax.

Restaurant Brands posted record FY24 sales and margin improvements, powered by strong growth in New Zealand and digital innovation, while facing ongoing challenges in Australia and California.

Restaurant Brands posted a record $1.4 billion in sales for FY24, alongside a 62.6% surge in net profit, despite ongoing inflation and economic uncertainty. The company remains cautious on FY25 guidance but is focused on margin improvement and strategic growth.