Buffett’s $3 Billion Investment On Burger King To Fetch 9%

Mani

Published onAugust 27, 2014

Updated on May 13, 2021

Warren Buffett's Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) is set to invest $3 billion for Burger King Worldwide Inc (NYSE:BKW)’s proposed takeover of Canadian coffee-and-doughnut chain Tim Hortons Inc. (NYSE:THI) (TSE:THI) and will earn 9% annual interest on the investment.

Also see: FutureAdvisor Offers Asset Management Services In A Low-Fee World

With yields at near record lows, Buffett has shunned bets in publicly traded bonds, preferring deals in which his reputation and the size of the cash hoard facilitate Berkshire to lock in better rates compared to other investors.

Burger King’s tax inversion deal

Burger King Worldwide Inc (NYSE:BKW) announced Tuesday its plans to acquire Tim Hortons Inc. (NYSE:THI) (TSE:THI) with...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Buffett’s $3 Billion Investment On Burger King To Fetch 9%

Burger King’s tax inversion deal

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