JAPAN: Plans to increase McDonald’s shares will ready company for public offering
By issuing around 750,000 new shares for sale to franchisees and business partners, McDonald's (Japan) is hoping to raise ¥1bn for the construction of new outlets and increase shareholders to meet the criteria for a public offering next summer. The plan will not influence the equity stakes currently controlled by major players such as
By issuing around 750,000 new shares for sale to franchisees and business partners, McDonald’s (Japan) is hoping to raise ¥1bn for the construction of new outlets and increase shareholders to meet the criteria for a public offering next summer.
The plan will not influence the equity stakes currently controlled by major players such as Fujita and Co (who owns 34%) and US based McDonald’s Restaurant Operations, which owns 32%, but the number of shareholders is expected to increase ten times over to around 670.
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