Arcos Dorados Holdings Inc, a large South American franchisee of U.S. fastfood chain McDonald’s Corp, is planning to raise about $875 million in a stock offering and list its shares on the New York Stock Exchange. Get the full story »
Arcos Dorados
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Largest McDonald’s franchisee plans U.S. IPO
The largest McDonald’s franchisee globally is planning a U.S. listing that could raise as much as $1 billion, the Financial Times said on Wednesday.
Arcos Dorados might file for an initial public offering within days and could start trading in New York in April, the newspaper said, citing unnamed sources. Get the full story »
