Burger King said Friday it has entered into a joint agreement with a master franchisee and a private equity firm with the plan of opening 1,000 restaurants in China over the next five to seven years. The Miami-based chain’s parent company, Burger King Worldwide Holdings Inc., will work with members of the Kurdoglu family as master franchisees, along with global private equity firm Cartesian Capital Group in what is the burger chain’s largest multi-unit development deal. Terms ...

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