Moneycontrol PRO
HomeNewsWorldMcdonald's will have a 15-year option to buy its restaurants in Russia back

Mcdonald's will have a 15-year option to buy its restaurants in Russia back

The service approved a deal in which the fast-food company sold the restaurants to one of its local licensees - Alexander Govor, who will rebrand them, ending more than three decades of the "Golden Arches" in the country.

June 03, 2022 / 06:38 IST
Representative Image

McDonald's Corp will have an option to buy its restaurants in Russia back within 15 years, Russia's anti-monopoly service said in a statement on Thursday.
The service approved a deal in which the fast-food company sold the restaurants to one of its local licensees - Alexander Govor, who will rebrand them, ending more than three decades of the "Golden Arches" in the country.

Reuters
first published: Jun 3, 2022 06:38 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347