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AmRest to buy Spanish burger chain

21:55

WSE-listed restaurant operator AmRest signed a binding offer specifying the terms of a purchase of two companies that own a Bacoa burger chain in Spain for €3.7 million. The entities, Black Rice and Bacoa Holding, own 6 restaurants in Madrid and Barcelona which operate in the “premium burger” segment. The final price could be adjusted for debt and cash flow.

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