Burger King's exit is proving far more problematic. Current sanctions by western countries against Russia sharply limit the pool of possible buyers, one person familiar with the matter said.

Unlike rival McDonald’s Corp, which owned the vast majority of its Russia locations, Burger King’s Toronto-based parent doesn’t own any of its own restaurants in Russia. “There’s just a really complex ...

For at least a decade, Burger King's formula for European expansion has relied on a joint venture partnership, including a master franchisee, to open and operate new locations. But now the fast ...