Mubadala Raises Bid Offer to ZAMP Takeover
Posted on 09/12/2022
Mubadala Investment Company, through its sovereign wealth enterprise MC Brazil F&B Participações SA, increased its takeover offer for ZAMP SA, the operator of Burger King and Popeyes restaurants in Brazil. Mubadala is now proposing a tender offer to acquire 45.15% of the firm’s shares at 8.31 reais per share, compared to the original offer of…