The Spanish multi-national Eat Out and Pollo Campero signed an agreement on April 29 to form an alliance to expand the operations of both companies in Central America and Spain.
The companies created a new corporation, whose name was not revealed, in which Eat Out is the majority shareholder. Eat Out belongs to Grupo Agrolimen and Pollo Campero is part of the Guatemalan multi-national Multi Inversiones.
A law is required not only to provide legal certainty on the issue, but also to create incentives for economic activity which is vital to the economy.
According to Alonso Arroyo's article, published by Elfinancierocr.com, the regulation on the issue of Mergers & Acquisitions (M & A) in Costa Rica, requires clear rules that encourage activity in the middle, taking the example of what has been the engine of various economies in Latin America.
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