Burger King and Popeyes franchisee Rex Concepts plans Warsaw IPO

Burger King logo is seen in a restaurant in a communist-era building in Warsaw, Poland October 2, 2017. REUTERS
GDANSK, April 8 (Reuters) – Central European quick-service restaurant ​operator Rex Concepts ‌plans to launch an initial public ​offering on ​the Warsaw Stock Exchange, ⁠the company said ​on Wednesday.
The master ​franchisee of the Burger King and Popeyes ​brands in Poland, ​the Czech Republic and ‌Romania ⁠expects gross proceeds of up to 560 million zlotys ($154 ​million) ​from ⁠the issuance of new ​shares, which it ​plans ⁠to use to fund its ⁠network ​expansion.

Reporting by Rafal Nowak, editing ​by Milla Nissi-Prussak

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