Arcos Holders Plan Selldown

Arcos Holders Plan Selldown

Argentina Equity

Restaurant operator Arcos Dorados is planning a follow-on offer of secondary shares owned by private equity funds. Funds linked to DLJ, Capital International and Gavea, which bought McDonald’s LatAm operations along with controller Woods Staton in 2007, are looking to sell shares. Exact timing and amount are still to be determined. Bankers say that some of the region’s stronger more well-known companies could soon file follow-ons so that they are ready to take advantage of any window t

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