McDonald’s signs deal to divest Russian business to current licensee
Govor has agreed to acquire the entire restaurant portfolio and operate the locations under a new brand.

Govor has agreed to acquire the entire restaurant portfolio and operate the locations under a new brand.
The company will add six new locations in the state of Alabama.
WOWorks plans to drive the growth of both brands by taking over infrastructure and operations.
Total revenues increased by 6.2% to $488.6m and adjusted EBITDA fell by 11.6% to $106.9m.
The deal is expected to be completed in the first half of the year.
The MOMS platform will initially be rolled out across all company-operated stores.
The new arrangement will increase Brees’ everbowl fleet to 85 stores.
During the first quarter, the company opened 62 net units by expediting development activity.