Market News / Story
Venti M&A: A Starbucks-Chipotle deal would smash restaurant sector records
Seeking Alpha ·
Seeking Alpha reports: The restaurant sector is buzzing over reports that Starbucks has explored a takeover of fast-casual chain Chipotle . Any deal would be expected to value Chipotle well over its current market cap of $39B. The largest restaurant deal on record is Burger King’s 2014 purchase of Tim Hortons, which was valued at close to $11.4B. Close behind is Inspire Brands’ take-private of Dunkin’ Brands, which came in at $11.3B in 2020. Third is Roark Capital’s roughly $9.6B Subway…