Warning: simplexml_load_file(): rss/gpw_companies_indices.xml:9: parser error : Input is not proper UTF-8, indicate encoding ! Bytes: 0xB3 0x6F 0xB6 0x63 in /equities.pl/klasy/mainpage/EquitiesCompaniesIndices.php on line 15

Warning: simplexml_load_file(): <index><name>ABM Solid SA w upad�o�ci uk�ad</name><short>ABM</short><value_open> in /equities.pl/klasy/mainpage/EquitiesCompaniesIndices.php on line 15

Warning: simplexml_load_file(): ^ in /equities.pl/klasy/mainpage/EquitiesCompaniesIndices.php on line 15
Amrest hospitality to buy 15 KFC restaurants in Germany for est. EUR 10.3 mln, Equities News - EquitiesPoland.pl
Coverage of high-potential mid-market firms in Poland

Article

Amrest hospitality to buy 15 KFC restaurants in Germany for est. EUR 10.3 mln

TAG'S: AMREST, Retail Trade

 

Listed restaurant operator AmRest will purchase 15 KFC brand restaurants operating on the German market for an estimated price of EUR 10.3 mln (PLN 45.6 mln) from KFC GB Ltd., with the transaction to be financed with AmRest's own means, the firm said in a market filing.

The final price will be settled on the day of the transaction's closing. The parties intent to finalize the deal in the coming months.

 

The estimated revenues of the assets to be purchased reached EUR 27.4 mln (PLN 121.5 mln) in the 12M period to end-August, the filing reads.

 

AmRest believes it can multiply the scale of operations of KFC in Germany by a single-digit factor in the coming years, the firm also said.

 

2016-12-02



Comments : 0

Add comment

The published comments are private opinions of the users. Biznespolska Media Sp. z o.o. is not responsible for their content. Intelligent and insightful comments most appreciated.

Other News

Photo of the week

Photo of the week

Following an impressive run, PKN Orlen fuel reappoints CEO Wojciech Jasiński to spearhead the company to newer, more challenging waters. Gives him a new three year term!

2018-05-18

WSE Indices


NameValueChangeTime
WIG20 2230,32 -1,13 % 17:15
WIG 58740,33 -1,01 % 17:15
sWIG80 13965,18 -0,14 % 17:15
NCIndex 250,86 -0,34 % 17:15

WSE Companies


Top 5 Gainers


Warning: Invalid argument supplied for foreach() in /equities.pl/klasy/mainpage/EquitiesCompaniesIndices.php on line 211

Companies temporarily unavailable

Top 5 Losers


Warning: Invalid argument supplied for foreach() in /equities.pl/klasy/mainpage/EquitiesCompaniesIndices.php on line 223

Companies temporarily unavailable