date:Dec 21, 2012
restaurants;
Operating control of the BURGER KING brand throughout all of Mexico;
Exclusivity in Mexico for 20 years;
Collection of royalties from sub-franchisees;
An annual development plan that includes the opening of new corporate and sub-franchised BURGER KING restaurants over the next 20 years; and
In exchange for a cash payment to BKW, ALSEA will maintain a majority stake in the joint venture, while BKW will maintain the minority stake.
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