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Restaurant Brands settlement delayed

Fast-food retailer Restaurant Brands New Zealand says its deal to buy Hawaiian fast-food operator, Pacific Island Restaurants (PIR), has been delayed until the end of February. Restaurant Brands announced it had entered into a conditional agreement to buy PIR, the largest fast-food operator in Hawaii with 82 Taco Bell and Pizza Hut stores, in October, but due to the delay caused by the Christmas/New Year period, the franchisor’s approval is now expected to be received by the end of Februar

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