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Burger King to relist on New York Stock Exchange

Fast-food giant Burger King is to re-list on the New York Stock Exchange. 

It follows the announcement that its owner, private equity group 3G Capital, is to sell a 29% stake for 1-point-4 billion dollars to UK-based investment vehicle Justice Holdings. 

Once the sale is complete, Justice Holdings' shares will suspend trading on the London Stock Exchange. 

Shares in Burger King will then be floated on the New York Stock Exchange. 

This is expected to take place within the next three months.

It is not yet known what percentage of  shares will be sold.



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