The shareholders want to sell a 25% stake in the company via the IPO by the end of 2017.
According to Romania Insider, Sphera Franchise Group, the owner of the KFC, Pizza Hut, and Taco Bell franchises in Romania, officially announced its intention to list its shares on the Bucharest Stock Exchange on October 9. The company’s listing on the Bucharest Stock Exchange will reportedly raise its profile and visibility.
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