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Everything you need to know about regional U.S. pizza styles

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The big investment adds more momentum to the company that wants to become the PayPal of restaurants.

He will take over as head of the chicken chain on Jan. 1 for the retiring Tony Lowings. Dyke Shipp will become KFC president.

The breakfast-and-lunch chain plans to sell shares at $17 to $20 and could get a valuation of more than $1 billion.

Restaurant Brands International, which also operates Popeyes and Tim Hortons, on Wednesday vowed to cut its emissions by 50% by 2030.