Picture: 123RF/FRANCIS DEAN
Picture: 123RF/FRANCIS DEAN

Grand Parade Investments (GPI) and Taste Holdings have been treading the same path, giving up their US franchises.

GPI announced on Wednesday that it is offloading a majority stake in Burger King, which it bought for more than R700m about six years ago.

Anthony Clark of Small Talk Daily Research joined Business Day TV to provide some insight.