Tim Hortons is set to go public in China under a merger deal with blank-check company Silver Crest Acquisition Corp — to help fund its ambitious plan to roll out more than stores there in five years. The deal, which will give Tim Hortons China a Nasdaq listing, is expected to close later this year. Existing shareholders, including Tencent Holdings and Sequoia Capital, will own 80 per cent of the shares after the deal. Tim Hortons made its Chinese debut with its first store in Shanghai in The chain currently operates locations across the country and plans to double the number by the end of this year, according to its regulatory filings.
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One of the world's largest quick service restaurant companies. Community Initiatives Making our communities better places to live in. Coffee Partnership Helping to build sustainable coffee communities. National Sponsorships Our national sponsorship programs involve support for various major sporting events and activities. Corporate Opportunities Brew some bright ideas and challenge yourself. Campus Programs Are you among the next generation of global business leaders? Distribution and Transportation Opportunities Bring the coffee we love to the people who love it.
About Tims. Our Story Frequently Asked Questions. News Releases Fresh Facts Multimedia. Making a True Difference. Tim Hortons announces pricing for its initial public offering. Tim Hortons IPO statement A final supplemented prospectus containing pricing information will be filed with the applicable Canadian regulatory authorities and will be available at www.
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