Gateway invests in Tim Hortons’ Gulf franchise: Reuters

Gateway Partners, a Dubai-based private equity firm, has acquired a 40 percent stake in Tim Hortons' Gulf franchise, reported Reuters.

Gateway Partners, a Dubai-based private equity firm, has acquired a 40 percent stake in Tim Hortons’ Gulf franchise, reported Reuters. Gateway invested $50 million for the stake. Headquartered in Toronto, Tim Hortons is a fast food chain.

Source: Reuters