PHILIPPINES Golden Arches Development Corp., the McDonald's master franchisee in the Philippines, reportedly will undertake an initial public offering in the second half of this year, with proceeds earmarked for further expansion in its local market. The Philippine Star reported Wednesday that Golden Arches hired Ernst & Young as financial advisor for its pending offering and has started talks with potential underwriters. No details on the size of the offering or a more specific ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.

 

Attention Print Subscribers:  While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!

Already registered? here.