Remark
. Large IPO
. well-established since 1967
IPO Date & Price
IPO Date: 2011-04-13
Offer price/share: $17 x 73.5M = $1249.5M
Underwriters
Joint Book Runner: BofA Merrill Lynch, J.P. Morgan, Morgan Stanley, Itau BBA, Citi
Co Manager: None
Business
Sector: Services
Industry: Restaurants
Full Time Employees: 86,002
World's largest McDonald's franchisee with 1,755 locations in Latin America
Arcos Dorados Holdings Inc. operates and franchises McDonald’s restaurants. The company has operations in 19 territories, including Argentina, Aruba, Brazil, Chile, Colombia, Costa Rica, Curacao, Ecuador, French Guyana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico, Uruguay, the U.S. Virgin Islands of St. Croix and St. Thomas, and Venezuela. As of December 31, 2010, it operated 1,292 company-operated restaurants and 463 franchised restaurants. The company was founded in 2007 and is headquartered in Buenos Aires, Argentina.
Yahoo: http://finance.yahoo.com/q/pr?s=ARCO
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