Ibersol SGPS S A : inform about extension of exclusibity period for the negotiation of the proposal for the acquisition of Burger King restaurnts
April 20, 2022 at 06:25 pm EDT
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IBERSOL, SGPS, S.A.
Registered Office: Praça do Bom Sucesso, 105/159, 9th floor, Porto
Registered at the Commercial Registry Office of Oporto under the single registration and tax identification number 501 669 477
Fully subscribed and paid-up share capital: EUR 46,000,000.00
EXTENSION OF EXCLUSIVITY PERIOD FOR THE NEGOTIATION OF THE PROPOSAL
FOR THE ACQUISITION OF BURGER KING RESTAURANTS
Following the announcement dated 10 March 2022 regarding the non-binding proposal presented by Restaurant Brands Iberia, S.A. ("RBI"), for the acquisition of Burger King restaurants, Ibersol, SGPS, S. A. informs that the exclusivity period agreed for the negotiations that were initiated with RBI was extended until 11 May 2022.
Porto, 20th April 2022
The Representative for Market Relations
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Ibersol SGPS SA published this content on 20 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 April 2022 22:24:05 UTC.
Ibersol, SGPS, S.A. specializes in operating fast-food restaurant chains, primarily under the Pizza Hut, Pizza Movil, Kentucky Fried Chicken (KFC), Bocatta, Burger King, O Kilo, Pasta Caffé, Pans & Company, Café Sô names and Flor d'Oliveira.
At the end of 2022, the group operated 621 restaurants located mainly in Portugal (296), Spain (179) and Angola (10).