** Shares of Restaurant Brands Asia RESR.NS, which operates Burger King restaurants in India, rise 2.65% to 65.37 rupees
** Stock set to snap three sessions of losses
** Inspira Global to buy a controlling stake in the firm
** The Indian business group will also acquire Everstone's 11.26% stake in RESR, taking its total stake to about 35%
** Inspira, which operates brands such as Chinese Wok and Big Bowl, will pay 70 rupees/share, a premium of about 10% to Tuesday's closing price - RESR
** Reuters reported on Monday that RESR was set to bring in a new strategic investor, with Everstone also exiting
** Shares closed 1.3% down on Monday
** Analysts have a "buy" rating on avg; median PT is 83.50 rupees - data compiled by LSEG
** RESR up ~3% so far in January
(Reporting by Urvi Dugar in Bengaluru)
((UrviManoj.Dugar@thomsonreuters.com;))
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