Mubadala withdraws offer for Brazil’s Burger King brand owner

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Mubadala had offered 8.31 reais ($1.61) per share to buy a 45.15% stake in Zamp but decided to drop out of the deal, saying it had failed to obtain confirmation on whether the transaction would imply the termination of Zamp’s franchise and trademark licensing agreements.

($1 = 5.1670 reais)