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REUTERS/Lev Sergeev/File Photo FILE PHOTO: A view shows the dismantled McDonald’s Golden Arches after the logo signage was removed from a drive-through restaurant of McDonald’s in Khimki outside Moscow, Russia May 23, 2022.
Reuters
10:57 JST, June 3, 2022
McDonald’s Corp will have an option to buy its restaurants in Russia back within 15 years, Russia’s anti-monopoly service said in a statement on Thursday.
The service approved a deal in which the fast-food company sold the restaurants to one of its local licensees – Alexander Govor, who will rebrand them, ending more than three decades of the “Golden Arches” in the country.
