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Alsea signs deal to sell Burger King in Argentina; José Luis Manzano's group emerges as buyer

FinanceInternationalLa NaciónAI summary
Image: La Nación

Mexican company Alsea announced the signing of a binding agreement to sell its Burger King business in Argentina, in line with its strategy of simplifying its brand portfolio. The company did not disclose the buyer's name or the transaction amount, but sources close to the deal said the group led by José Luis Manzano would be the buyer. The transaction is subject to regulatory approvals and other customary conditions. Alsea will continue to operate Starbucks in the country.

In 35 seconds

  • Alsea signed a binding agreement to sell Burger King in Argentina and did not disclose the amount or the buyer.
  • Sources close to the deal say the buyer would be the group led by José Luis Manzano.
  • The sale requires regulatory approvals and other customary conditions.
Read the full story at La Nación

IASummary generated by artificial intelligence from a story by La Nación. It may contain errors: the original source prevails.

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