Reuters: Private Equity: UPDATE 1-Burger King to go public again

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UPDATE 1-Burger King to go public again Apr 3rd 2012, 23:38 Tue Apr 3, 2012 7:38pm EDT April 3 (Reuters) - Burger King Worldwide Holdings Inc said it would go public through an agreement with London-listed investment firm Justice Holdings Ltd. 3G Capital, which purchased Burger King in September 2010 in a $3.26 billion deal, will get about $1.4 billion in cash and retain a 71 percent stake, the hamburger restaurant chain said in a statement. Justice Holdings' shareholders will own a 29 percent stake in the combined company, which will be renamed Burger King Worldwide and incorporated in Delaware. The newly-formed combined company is expected to list on the New York stock exchange.

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