Wednesday, September 09, 2015

McDonald's will sell stores in Brazil

There is a plan to sell part of the McDonald's restaurants in Brazil, business managed by Arcos Dorados, which must raise $ 50 million for the company in the next two years. The value found that at least a hundred shops can be sold. Currently, 76% of the roughly 870 restaurants are branded Arcos Dorados and the remainder is owned by franchisees.
Recently, increased the indebtedness of Arcos Dorados, which reduced investments in 2015, with a smaller number of stores in the country. The company confirmed the negotiations about the sales plan, but stressed that the operation must not "dramatically" reduce the number of stores.
Valor Economico
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