2024-08-01 15:27:08 +0300
Mubadala launches tender offer to take control of Brazil's Burger King brand owner Zamp
Nasdaq
By ReutersSAO 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)
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