Famous chain of fast food restaurantswendy’s burger The (Wendy’s) stock price has fallen about 70% over the past five years.wall Street The Daily exclusively reported on the 28th that billionaire Nelson Peltz was interested in buying the chain, and Wendy’s stock price rose more than 16% within half an hour after opening. Peltz is the co-founder of Trian Fund Management and a British football star.beckham (David Beckham’s) in-laws.
According to reports, “Train Fund Management” proposed a cash acquisition of 1.4 billion yuan for Wendy’s Burgers, so that Wendy’s Burgers can operate better when privatized.
“Train Fund Management” is a long-term shareholder of Wendy’s Burgers and led the investment consortium to buy Wendy’s Burgers at a price of 7.35 yuan per share. Consortium members include Flynn Group, investment firms BlueFive Capital and Sixth Street Partners.
Train Group said Wendy’s Burgers would require a significant capital investment and a complex, multi-year turnaround and recovery plan.
On the 27th, the market value of Wendy’s Burgers closed at about 1.2 billion yuan.
