South Africa's Grand Parade to sell Burger King franchise

South Africa News News

South Africa's Grand Parade to sell Burger King franchise
South Africa Latest News,South Africa Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Grand Parade Investments (GPI) Ltd , which holds the Burger King franchise in So...

FILE PHOTO: Customers await service at a branch of fast food franchise Burger King in Cape Town, South Africa, May 4, 2016. REUTERS/Mike Hutchings/File Photo

JOHANNESBURG - Grand Parade Investments Ltd , which holds the Burger King franchise in South Africa, said on Wednesday it will sell its 95.36% stake in the business to ECP Africa Fund, in an attempt to close a valuation discount to its net asset value.Reporting by Nqobile Dludla; Editing by Kim Coghill

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

HQ Trivia Shuts Down, Leaving Users with Final Drunken Broadcast and $5 Grand PrizeThe mega-popular quiz app first launched in the summer of 2017
Read more »

The Queen's Grand-Nephew Is Now Extremely SwoleThe Queen's Grand-Nephew Is Now Extremely SwoleArthur Chatto, the Queen's grand-nephew and Princess Margaret's grandson, might be the most jacked member of the royal family.
Read more »

Burger King’s owner tries to regain its sizzleBurger King’s owner tries to regain its sizzleFast food does not automatically equal fast growth
Read more »

Roasted Veggie Burgers with Carrot KetchupA stack of roasted veggies, melty cheese, carrot ketchup—this is a veggie “burger” to reckon with:
Read more »

The 'Bachelor' Franchise to Expand Yet Again With 'Summer Games'The 'Bachelor' Franchise to Expand Yet Again With 'Summer Games'CANCEL YOUR SUMMER PLANS — TheBachelor is taking over! 🔥
Read more »

Let’s Get Together: Ten Tips For Planning A Successful Franchise ConventionLet’s Get Together: Ten Tips For Planning A Successful Franchise ConventionThe annual franchise convention is the key event in most franchise brand's calendars. But why are franchise conventions are so important to a franchise brand – and what actually makes a really great franchise convention? Here's ten tips for planning a successful event.
Read more »



Render Time: 2025-03-09 05:34:52