McDonald’s looking to divest South Korean business
The planned divesture is said to be due to rising costs and wages, as well as new entrants into the country’s fast-food segment.
Deals
Noi-M acquires Pizza Hut’s Russian franchise
South Korea’s SPC Group buys French restaurant chain Lina’s
Food delivery app Yummy secures $47m funding to spur growth
DoorDash concludes $8.1bn acquisition of food delivery platform Wolt
Foodtastic acquires majority stake in Shoeless Joe’s Sports Grill
Qatar’s Snoonu purchases Omani online food delivery firm Akeed
FAT Brands to acquire franchised chain Nestlé Toll House Café by Chip
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