With Wendy’s Return, Argentina’s Burger Wars Are Heating Up

Patrick Archer buenos aires events, competitiveness, franchises, us companies

The ongoing battle for burger-lovin’ hearts and minds heats up tomorrow in Argentina with the official return of Wendy’s to Buenos Aires. Ohio-based Wendy’s originally bought 11 Buenos Aires restaurants in the 1990’s for $13.2 million and grew the chain to 18 company-owned restaurants before pulling out of Argentina altogether in 2000. Now, twelve years later, the smiling redhead with pigtails …

McIPO: Arcos Dorados Investors Are Lovin’ It

Patrick Archer foreign investment, franchises, us companies

Arcos Dorados, McDonald’s largest global franchisee is preparing for what will be one of Latin America’s biggest IPOs ever. Buenos Aires-based Arcos, the group that owns the largest chain of restaurants in South America, will formally announce the IPO in the next week, and sources say shares could begin trading as early as April. According to Cronista, Bank of America, …