A PYMNTS Company

Bulgaria: McDonald’s operator buyout passes review

 |  August 20, 2013

A proposed buyout of an operator of fast-food giant McDonald’s in Bulgaria has been cleared by the Commission for Protection of Competition, say reports. The watchdog green-lit the buyout of Sunfoods Holding, based in the Netherlands, by Kingsbury Corporation, finding no significant threat to competition within Bulgaria’s fast food sector. Sunfoods in Bulgaria has been in operation for 19 years, say reports, and is the current development licensee of the McDonald’s brand in the country.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Sofia News Agency

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.