VOL. XXXIX
No. 33
13-May-1996
BAHRAIN
BIB Acquires Carrols Holding Corporation Of The US
Bahrain International Bank (BIB) announced on 5 May that it had acquired all the equity of Carrols Holding Company of the US for $86.5mn. Carrols Holding is the parent company of Carrols Corporation, which operates 220 Burger King restaurants in three geographic regions of the US: the north- east, the Great Lakes, and North Carolina. Carrols Corporation is the largest operator of Burger King...
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