CCI clears Lenexis-led consortium's stake buy in Burger King India parent Restaurant Brands Asia

The Competition Commission of India approved the acquisition of a stake in Restaurant Brands Asia, master franchisee of Burger King India, by a consortium led by Lenexis Foodworks. The deal spans equity subscriptions, warrants, secondary purchases and an open offer, signaling a control shift in one of India's largest QSR franchises.

— Source publishedFri, 22 May, 2026, 12:00 IST·First seen Fri, 22 May, 2026, 13:00 IST·Source ET Hospitality

What happened

Burger King India · CCI approved acquisition of a stake in Restaurant Brands Asia, the master franchisee of Burger King in India, by a consortium led by Lenexis

Why this matters

The multi-instrument structure—equity, warrants, secondary, open offer—offers a replicable playbook for staged control acquisitions in regulated Indian franchise platforms.