IMC replaces CEO and plans to sell assets

IMC, owner of Frango Assado and master franchisee of Pizza Hut and KFC, announced Monday that Alexandre Santoro will become its new CEO in April, replacing Newton Maia. IMC is also expected to sell most of its assets - except these three business - to potentially raise R$700 million. The sales would include chains Margaritaville and LandShark, in the US. IMC's...

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