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2024-08-01 15:27:08 +0300

Mubadala launches tender offer to take control of Brazil's Burger King brand owner Zamp

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Nasdaq
By Reuters

SAO PAULO, Aug 1 (Reuters) - Brazil's Zamp SA BKBR3.SA said on Monday that Mubadala Capital LLC has launched a tender offer to acquire control of the company, which holds the Burger King brand in the South American country.

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According to a securities filing, Mubadala has offered 7.55 reais ($1.47) per share to buy 45.15% of Zamp, which would take its stake in the company to 50.1%.

Zamp was previously known as BK Brasil Operao e Assessoria a Restaurantes S.A.

($1 = 5.1505 reais)

(Reporting by Gabriel Araujo, Editing by Louise Heavens)

(([email protected]; +55 11 5644 7745;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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