AmRest to buy 15 KFC restaurants in France

WSE-listed restaurant operator AmRest signed a preliminary agreement with KFC France for the purchase of 15 KFC restaurants. The purchase price will depend on due diligence procedures that will be carried out by AmRest. The deal is expected to be finalized by September 30. "AmRest sees great potential for KFC brand development in Western Europe. The acquisition of the French KFC Business will strengthen the partnership with Yum! Brands," AmRest said.