Tim Hortons Owner to Buy Popeyes Chicken for $1.8 Billion

Restaurant Brands International plans to acquire Popeyes Louisiana Kitchen for $1.8 billion. The acquisition is expected to bring synergies and growth opportunities, both domestically and internationally. The deal will increase Restaurant Brands' leverage ratio but remains within their target range, minimizing investor concerns. Popeyes' strong brand and international appeal, especially in markets favoring chicken and spicy flavors, align with Restaurant Brands' growth strategy.

What impact will the acquisition have on Restaurant Brands' leverage ratio?

What factors contribute to Popeyes' potential for international growth?