Global Weekly News Wrap: Americana stake goes for $2.4b; Mars mulls cutting off McDonald’s; Why India’s burgers are going cold

Here is a summary of the most interesting QSR news stories of the week from around the world.

Prominent Dubai businessman Mohammed Alabbar has bought a controlling stake in food conglomerate Kuwait Food Company, known as Americana, from Kuwait’s Khorafi family for $2.4bn, the biggest Middle Eastern mergers and acquisitions transaction this year, according to Financial Times. READ MORE HERE.
Times reports that sugary fast food desserts are under scrutiny. You know the situation with added sugar is getting out of hand when even a candy company balks at the amount of sugar its treats contribute to already-sweet desserts. R EAD MORE HERE.
Between August 2014 to August 2015, half-a-dozen top global food chains queued up to serve more burgers and pizzas in India’s $19-billion eating-out market, according to Quartz. READ MORE HERE.
CNBC reveals how in a sea of electric-hued burgers, "O"-shaped chicken rings, and fried chicken patties masquerading as sandwich buns, Chick-fil-A's menu stands out. READ MORE HERE.
Fiscal 1Q16 was a good quarter for fast-food and pizza companies. Compared to 1Q15, seven of our eight select companies for this review saw their margins improve in 1Q16, reports Market Realist. READ MORE HERE.
Business Insider shares that soda consumption is falling in the US, with the accepted reason being that Americans are turning away from sugary beverages. READ MORE HERE.
Launched this week on the Microsoft Office Store as well as within the web version of Outlook, a new feature integrates the ability to schedule a meeting at a nearby Starbucks, according to Yahoo. READ MORE HERE.

Also Read

At-home grows but remained flat in March

Fast food chains adapt menus amidst decreasing demand

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit