Contact Us

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

Reuters ECONOMY
Published June 02,2022
Subscribe

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.