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| Name | Symbol | Market | Type |
|---|---|---|---|
| Tencent Holdings Ltd (PK) | USOTC:TCEHY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.95 | 2.19% | 44.39 | 44.38 | 44.40 | 44.75 | 44.30 | 44.40 | 3,161,471 | 21:06:02 |
From Apr 2021 to Apr 2024
By Josh Beckerman
Blank-check company Silver Crest Acquisition Corp. agreed to merge with Tim Hortons China in a deal with an implied enterprise value of $1.69 billion.
The deal is expected to close in the fourth quarter.
In 2018, Restaurant Brands International's Tim Hortons chain said it entered a joint venture agreement with Cartesian Capital Group to bring Tim Hortons restaurants to China. Investors in Tim Hortons China include Sequoia Capital China and Tencent Holdings Ltd.
An investor presentation discusses growth plans for the chain, and its success with localized products, such as changing Timbits to mochi holes.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
August 16, 2021 16:15 ET (20:15 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year Tencent (PK) Chart |
1 Month Tencent (PK) Chart |
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