MarketsEmergingDeveloping
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Brazil's Outback and Pizza Hut operators in merger talks
InfoMoney·BR·about 13 hours ago
Vinci Compass, operator of Outback and Abbraccio in Brazil, and International Meal Company (IMC) are in preliminary merger discussions for their food businesses. Combined value estimated at R$4 billion and revenue at R$5.5 billion, though unconfirmed. Deal would consolidate Brazil's casual dining sector, with Vinci's interest reportedly focused on IMC's Frango Assado chain.