McDonald's set to sell Singapore, Malaysian franchise to Saudi company

McDonald's set to sell Singapore, Malaysian franchise to Saudi company

McDonald’s Corp is nearing a deal to sell 20-year franchise rights for its Singapore and Malaysia outlets to Saudi Arabia’s Reza group, in a transaction estimated at up to $400 million, people familiar with the matter said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter