McDonald's Israeli Franchise Rights Expected to Go to Wiz Founder
Summarized from Haaretz English by baba
Israeli tech entrepreneur Assaf Rappaport is expected to acquire the franchise rights for McDonald's 230 Israeli branches. The deal is valued at around 1 billion shekels plus a share of sales. Rappaport is the founder of the tech firm Wiz and part-owner of Channel 13.
The story in 5 lines · by baba
- Assaf Rappaport is expected to acquire McDonald's Israeli franchise rights.
- The deal involves McDonald's 230 branches across Israel.
- The estimated value of the franchise rights is 1 billion shekels.
- Rappaport is the founder of the tech company Wiz.
- He is also an owner of the Israeli media outlet Channel 13.
Haaretz English publishes in English. The key points are summarized above. Read Haaretz English’s full report from the link at the top of the page.
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