McDonald's will buy all 225 restaurants from Israel franchise following pro-Palestinian boycott fallout
Publishing timestamp: 2024-04-05 12:16:06
Summary
McDonald's Corporation has signed an agreement to purchase all 225 of its Israel franchise restaurants from Alonyal Ltd. following months of decreased revenues due to boycotts in Arab and Muslim-majority countries over perceived support for Israel. The company denies supporting any governments involved in the conflict and is facing significant backlash in the Middle East market.
Sentiment: NEGATIVE
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