The media forecast came true by 50%. The terms of the deal have been named.
McDonald's has announced a decision on a deal with a Russian entrepreneur who will buy the Russian market share from it.
The licensee of McDonald's in the Siberian Federal District, Alexander Govor, became it. The terms of the deal are a new brand under which fast food restaurants will operate.
Recall that the fast food chain tried to keep the Russian business, stating that it would continue to work under a different brand, while maintaining jobs, stores and menus, in mid-June.
However, later she announced the sale of the business.
According to “Interfax”, one of the conditions for the transaction is the approval of regulators. The chain will be shutting down in the next few weeks, McDonald’s said.
Govor will have the chain's restaurant portfolio, which he will use under the new name of the Chain. The second condition for the sale was the preservation of staff and conditions for at least two years.
Also, Govor, according to the agency, assumed the cost of salaries of the corporation's employees who work in Russian branches in 45 regions of Russia.
However, payouts are calculated before the transaction is made. The entrepreneur will also finance the obligations assumed by the American company to suppliers, owners of rented premises and housing and communal services.
Earlier, Topnews wrote that according to Bell, the fast food chain could be owned by Govor and a relative of the ex-president of Kazakhstan Nursultan Nazarbayev, Entrepreneur Kairat Boranbaev, owner of SPP.