All McDonald’s articles – Page 63
-
News
Easyinternetcafe looks to sub-leasing for progress
Stelios Haji-Ioannou’s Easyinternetcafe is turning away from the idea of having its own sites towards leasing under-utilised space from other retailers.The original concept, which started in 1998, saw the roll-out of 22 stores in eight countries within two years. By September 2001 the company had £53m of net debt and ...
-
News
Diageo sells Burger King to management
Diageo announced this morning that it has finally agreed the sale of Burger King to a private equity consortium backing the fast-food firm’s management for $2.26bn (£1.43bn) in cash. The transaction equals roughly 1x Burger King’s 2001 book value excluding goodwill, or 0.71x after goodwill, and an enterprise value over ...