MEXICO CITY Aug 4 Alsea, one of Latin America's
biggest restaurant operators, said on Monday that it had
acquired a 71.76 percent stake in Spanish firm Grupo Zena in a
107 million euro ($143.6 million) deal.
Grupo Zena operates more than 400 restaurants in Spain,
including Domino's Pizza franchises and four other restaurant
The purchase of the majority stake of Grupo Zena will be
financed with a five-year 1.9 billion pesos ($144 million) bank
loan, Alsea said in a statement.
Alsea runs Domino's Pizza, Starbucks and Burger King
franchises in Mexico, among several other chains, and operates
more than 2,200 units in Mexico, Argentina, Chile and Colombia.
Alsea shares closed up 0.36 percent at 45.18 pesos before
the deal was announced.
($1 = 13.1962 Pesos)
($1 = 0.7450 Euros)
(Reporting by David Alire Garcia; Editing by Grant McCool)