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New Deal


Announced

Alexander Govor to acquire the Russian business of McDonald's.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Pending

Russian Federation

Single Bidder

Majority

Friendly

Restaurants and Bars

Acquisition

fast food chain

Domestic

Synopsis

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Alexander Govor, McDonald's existing licensee, agreed to acquire the Russian business of McDonald's, a global foodservice retailer. Financial terms were not disclosed. The sale and purchase agreement provides for employees to be retained for at least two years, on equivalent terms. The buyer has also agreed to fund the salaries of corporate employees who work in 45 regions of the country until closing, as well as fund existing liabilities to suppliers, landlords and utilities.

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