Brazil’s IMC in preliminary merger talks with Vinci Compass fund
IMC BMFBOVESPA:MEAL3 and Vinci Compass NASDAQ:VINP are in preliminary talks for a merger, a source said.
Brazilian restaurant operator IMC BMFBOVESPA:MEAL3 and a fund of Brazilian asset manager Vinci Compass NASDAQ:VINP are in preliminary merger talks, according to a source familiar with the matter on Thursday. The discussions are for a tie-up involving IMC, which operates Frango Assado and Pizza Hut in Brazil.