Sale costs bring McDonalds loss

Posted on: July 26th, 2007
Filed Under: [ Business ] [ Hispanic News ]
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“McDonalds has seen its first quarterly loss in almost five years because of hefty costs linked to the sale of some of its Latin American business.

The fast-food chain took an impairment charge of $1.6bn £775m as part of its sale of 1,600 restaurants in 18 Latin American and Caribbean countries.”

Read more: http://news.bbc.co.uk
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