Alexander Govor agreed to acquire 850 Russian restaurants of McDonald's from McDonald's Corporation (NYSE:MCD) on May 19, 2022. Under this agreement, Govor will acquire McDonald's entire restaurant portfolio and operate the restaurants under a new brand. Govor, a licensee since 2015, has also agreed to retain McDonald's 62,000 Russian employees for at least two years on equivalent terms. The Russian Federal Antimonopoly Service (FAS) has received an application in connection with the acquisition The sale agreement is subject to regulatory approval and is expected to close within a few weeks.

As of June 3, 2022. McDonald's has secured approval from Russia's anti-monopoly service.