The one billion dollar worth partner of McDonald's goes to the stock exchange
McDonald's largest global franchise partner prepares for one of the year’s biggest stock market introduction in a few days. The South American company operates about 1,800 fast food restaurants, with an estimated market value excessing one billion dollars.
According to the report of the Financial Times; the Dolorados Arcos (Golden Gates in English), requested the Bank of America, Morgan Stanley and JPMorgan to the management of the IPO. The investors hope that the invested 700 million USD will recoup with the release of the shares – reports Világgazdaság Online, after the Financial Times.
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