January 23, 2019 / 3:31 PM / 9 months ago

BUZZ-Restaurant Brands: Rises after M&A chatter, CEO appointment

(Updates)

** Shares of Restaurant Brands International Inc rise 7.3 pct to C$81.72

** Digital publisher The Fly says here company "more likely" to buy Papa John's International , if it is "looking to round out its portfolio with a pizza chain", citing Dealreporter

** Outgoing CEO and Executive Chairman of QSR says will look for potential M&A opportunities on conf. call

** PZZA up 5.5 percent at $43.68

** QSR names Jose Cil, current head of its Burger King unit, as its CEO, replacing Daniel Schwartz

** U.S.-listed stock among top-10 gainers on the NYSE

** Co to report Q4 results on Feb. 11

** Including Wednesday’s gains, QSR shares up 7.2 pct in the past 12 months on the Toronto Stock Exchange (Reporting by Medha Singh and Debroop Roy in Bengaluru)

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