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Provider: Reuters Investment Profile
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Provider: Wright Reports
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Chanticleer Holdings, Inc. Signs Hooters Franchise Agreement In Brazil


Thursday, 15 Mar 2012 08:30am EDT 

Chanticleer Holdings, Inc. announced that it has secured exclusive rights to operate Hooters restaurants in three states of Brazil. The Company has partnered with the Nash Group, a restaurant operating company, forming a joint venture company Chanticleer & Nash Brasil Foods Participacoes Ltda. (CNBF), where Chanticleer will own 60% of the operating entity. The group expects to open its first restaurant in the third quarter 2012. 

Company Quote

2.47
-0.06 -2.37%
21 May 2013