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(Sharecast News) - Bridgepoint - the private equity backer of Burger King UK - has reportedly injected millions of pounds of new funding as part of a deal which paves the way for their partnership to be extended into the 2040s.
According to Sky News, Bridgepoint has invested a further 15m into the fast food company in recent days, with a further sum, thought to be up to 20m, to be deployed over the next 18 months.
The new funding has been committed as Burger King UK's Master Franchise Agreement with a subsidiary of Restaurant Brands International has been extended to 2044 in a deal which is said to align the interests of its various financial stakeholders more closely.
Burger King's British operations comprise roughly 575 outlets, and employ approximately 12,000 people.
Bridgepoint declined to comment to Sky on the injection of new capital into Burger King UK.
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