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Business

Burger King bids to buy out Tim Horton’s

Published: 31 Aug 2014 - 10:39 pm | Last Updated: 21 Jan 2022 - 10:42 am

The Burger King logo is seen through a Tim Horton’s doughnut hole in a photo illustration outside a restaurant in Toronto. Burger King’s proposed $11.5bn acquisition of Canada’s Tim Hortons may offer big tax benefits to the US fast food chain but the real tax winner is likely to be its controlling shareholder, 3G Capital.