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Cineplex to be Acquired by Cineworld Group

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TORONTO — Cineplex Inc. has entered into a definitive agreement with U.K.-based Cineworld Group, plc that will see the latter pay $34...

KFC Partners with Lays to Bring New Flavour of Chicken Tender

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VAUGHAN, Ont. — KFC Canada and Frito Lay Canada have announced a new food collaboration poised to pack the flavour into every chicken...

McDonald’s to Acquire Apprente

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CHICAGO — McDonald’s Corporation (MCD) has entered an agreement to acquire Apprente, an early stage leader in voice-based, conversational technology. The announcement...

SkipTheDishes Exiting U.S. Markets

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WINNIPEG — SkipTheDishes is pulling out of the U.S. market after entering an agreement to transition operations of its six U.S. markets to its...

MTY Completes Combination with Imvescor

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MONTREAL — MTY Food Group Inc. and Imvescor Restaurant Group Inc. have completed their previously announced amalgamation — a deal valued at approximately $247...

MTY Acquires Café Dépôt and Other QSR Concepts

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MONTREAL — MTY Food Group’s acquisition spree isn’t slowing down. It’s wholly owned subsidiary, MTY Tiki Ming Enterprises Inc., announced it will pay $14.8 million to acquire the assets of the group of companies that owns and operates Café Dépôt, Sushi Man, Muffin Plus and Fabrika.

Heinz Signs New Deal to Save Jobs in Leamington, Ont.

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LEAMINGTON, Ont. — Hundreds of jobs are set to be saved this week as Highbury Canco Corporation has signed a letter of intent to...

Could Casa Loma Be Evolved to Include a Restaurant?

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TORONTO — Casa Loma may receive a new fine-dining restaurant and more dedicated event space, plus $7 million in capital improvements, if a deal...

Yogurty’s Sets a Dealfind Record

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TORONTO — Yogurty’s frozen yogurt has become the bestselling deal on the Dealfind couponing site, selling 39,891 $5 vouchers for $10 of the company’s...

Franworks Buys Elephant & Castle

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CALGARY — Calgary-based Franworks Group of Companies has completed the purchase of the Boston-based Elephant & Castle (E&C) chain for $22.7 million. “Elephant and...