Fast food giant Burger King has agreed to a buyout by private investment firm 3G Capital for $3.26 billion (£2.1 billion). At $24 per share, the deal represents a 46 per cent premium to Burger King’s share price before news of the deal talks emerged. Before details of the deal became public on Wednesday, shares [...]

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Alcohol drinking in Britain sees sharpest fall since 1948 Consumers drank on average five bottles of wine fewer last year as health concerns and the recession combined to bring biggest drop in alcohol consumption since records began. There were 821 million fewer pints of beer drunk in 2008 compared with 2009, according to the British [...]

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