Zamp reviews takeover offer from Mubadala

Zamp reviews takeover offer from Mubadala

Corporate & Sovereign Strategy Equity M&A Brazil Middle East

Brazilian fast food restaurants franchiser Zamp said Monday that it will respond within two weeks to a takeover offer from Abu Dhabi sovereign wealth fund Mubadala. "The company's board of directors is evaluating the terms of the proposal... and will disclose to the market within 15 days from this date its prior opinion on the [takeover offer]," Zamp said in a securities filing. According to Zamp, Mubadala submitted a proposal on July 30 to buy 45.2% of the company's shares for BRL939 million ($

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