Stock Market News

McDonald’s to sell Russia business to current licensee

05/19/2022

Less than a minute

2022.05.19 15:32

McDonald's to sell Russia business to current licensee
A sign with the logo is on display outside a McDonald’s restaurant in Omsk, Russia May 18, 2022. Picture taken with a drone. REUTERS/Alexey Malgavko

(Reuters) – McDonald’s Corp (NYSE:MCD) said on Thursday it has agreed to sell its Russian business to current licensee Alexander Govor, days after announcing it would exit the country.

Govor will acquire McDonald’s entire restaurant portfolio and operate them under a new brand, McDonald’s said.

05/19/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 63,155.92 0.28%

Ethereum (ETH) $ 2,604.90 2.25%

Tether (USDT) $ 1.00 0.03%

BNB (BNB) $ 583.71 2.49%

Solana (SOL) $ 148.01 1.23%

USDC (USDC) $ 1.00 0.07%

XRP (XRP) $ 0.599542 2.80%

Lido Staked Ether (STETH) $ 2,603.82 2.24%

Dogecoin (DOGE) $ 0.108381 3.21%

the-open-network

Toncoin (TON) $ 5.68 3.04%

TRON (TRX) $ 0.151967 0.12%

Cardano (ADA) $ 0.355497 0.62%

Avalanche (AVAX) $ 27.28 0.25%

Wrapped stETH (WSTETH) $ 3,071.62 2.34%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 63,049.89 0.26%

Shiba Inu (SHIB) $ 0.000015 3.22%

WETH (WETH) $ 2,603.10 2.18%

Chainlink (LINK) $ 11.39 0.75%

Bitcoin Cash (BCH) $ 343.64 2.66%

Polkadot (DOT) $ 4.42 1.67%

Dai (DAI) $ 1.00 0.00%

LEO Token (LEO) $ 5.72 1.07%

Uniswap (UNI) $ 6.79 0.09%

NEAR Protocol (NEAR) $ 4.61 6.05%

Litecoin (LTC) $ 67.12 2.79%

Wrapped eETH (WEETH) $ 2,726.01 2.18%

Kaspa (KAS) $ 0.169438 0.03%

Artificial Superintelligence Alliance (FET) $ 1.61 0.93%

Aptos (APT) $ 7.94 8.24%

internet-computer

Internet Computer (ICP) $ 8.43 0.95%

Sui (SUI) $ 1.46 0.49%

Pepe (PEPE) $ 0.000008 1.31%

Bittensor (TAO) $ 466.49 14.85%

Monero (XMR) $ 176.93 0.80%

first-digital-usd

First Digital USD (FDUSD) $ 0.999654 0.13%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.406686 1.58%

Stellar (XLM) $ 0.097624 1.16%

Ethereum Classic (ETC) $ 19.25 0.89%

Immutable (IMX) $ 1.61 4.31%

Ethena USDe (USDE) $ 0.999224 0.02%

Stacks (STX) $ 1.72 1.89%

Aave (AAVE) $ 160.04 5.21%

OKB (OKB) $ 39.55 0.12%

crypto-com-chain

Cronos (CRO) $ 0.085862 0.36%

Filecoin (FIL) $ 3.81 1.36%

Arbitrum (ARB) $ 0.601554 4.72%

Render (RENDER) $ 5.52 3.95%

Mantle (MNT) $ 0.639172 6.22%

Optimism (OP) $ 1.72 4.07%

injective-protocol

Injective (INJ) $ 20.86 0.42%