Tim Hortons and Burger King join forces in $23 billion annual turnover company

Restaurant Brands International finalised its transaction to bring Canadian coffeehouse superpower Tim Hortons and global fast-food giant Burger King under one umbrella.  The two shares ceased trading on 12 December, and will trade under the single QSR symbol on the Toronto Stock Exchange and New York Stock Exchange starting 15 December.  This puts Restaurant Brands International in control of over 18,000 restaurants in over 100 countries around the globe, representing around US$23 billion in sales annually.  Tim Hortons is a major player and icon in Canada's coffee scene, with 3665 stores across the country. This is more than double the penetration of McDonalds in the United States per capita.   

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