MCD - Big Macs And Big Changes: McDonald's Takes Charge in Israel Amid Conflict | Benzinga
McDonald’s Corp (NYSE:MCD) is set to take over its chain of restaurants in Israel from its operator, Alonyal Ltd.
Alonyal took up the McDonald’s franchise more than 30 years ago and has about 225 restaurants with about 5,000 employees.
Upon completion of the transaction, McDonald’s Corporation will own Alonyal Limited’s restaurants and operations, and employees will be retained on equivalent terms.
The decision comes after the ...