IFLR1000

McDonald's Corporation acquisition of a 50% stake in Connaught Plaza Restaurants

9/5/2019
Private acquisition
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Completed

9/5/2019

Overview:

  • Global foodservice company, McDonald's Corporation has acquired 50% of the equity share capital of Connaught Plaza Restaurants, the former joint venture of McDonald's in North and East India, from Vikram Bakshi and Bakshi Holdings for an undisclosed sum.

Shah Shameer Ahmed - Researcher

 

Jurisdiction:

India

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Food and beverage

Firm:
S&R Associates

Party: McDonald's Corporation (Acquirer)

Party: McDonald's India (Acquirer)

Lawyers: Mohit Gogia, Rajat Sethi

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