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Restaurant Brands completes the Sale of Starbucks Coffee

24/10/2018, 09:19 NZDT, GENERAL

24 October 2018 NZX/ASX RESTAURANT BRANDS COMPLETES THE SALE OF STARBUCKS COFFEE On 3 September 2018, Restaurant Brands New Zealand Limited (NZX/ASX: RBD) announced that it was not renewing its licence agreements with Starbucks Coffee International, Inc. (SCI) and it had (with the approval of SCI) sold the fixed assets and stock of its Starbucks business to Tahua Capital Ltd. RBD is pleased to announce the settlement of this sale was completed last night. For further information please contact Russel Creedy Grant Ellis CEO CFO/Company Secretary Phone: 525 8700 Phone: 525 8700 ENDS End CA:00325703 For:RBD Type:GENERAL Time:2018-10-24 09:19:18