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GRAND PARADE TO SELL ITS STAKE IN BURGER KING FRANCHISE TO ECP AFRICA FUND

Published On 19 Feb 2020 07:52 AM

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Highlights

GPI Ltd. has 95.36% stake in Burger King franchise
It will be for 697 million rand

On Wednesday, Grand Parade Investments (GPI) Ltd stated that it will sell its 95.36% stake in the Burger King franchise to ECP Africa Fund. It will also involve all of the Grand Foods Meat Plant. It will be worth 697 million rand ($46.53 million). Grand P....

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Tags : Merger and Acquisition, Burger King, Grand Parade Investments (GPI) Ltd ,

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GRAND PARADE TO SELL ITS STAKE IN BURGER KING FRANCHISE TO ECP AFRICA FUND

Published On 19 Feb 2020 07:52 AM

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