UK/US: Diageo set to complete BK sale

By just-drinks.com editorial team | 5 December 2002

According to industry sources, the UK-based conglomerate, Diageo, expects to complete the sale of its Burger King (BK) fast food chain to the Texas Pacific consortium this month, despite one of the principal BK franchisees in the US, AmeriKing, filing for Chapter 11 bankruptcy protection.

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According to industry sources, the UK-based conglomerate, Diageo, expects to complete the sale of its Burger King (BK) fast food chain to the Texas Pacific consortium this month, despite one of the principal BK franchisees in the US, AmeriKing, filing for Chapter 11 bankruptcy protection.

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