Thomas H. Lee To Pay $400M For Fogo De Chao Chain
Under a definitive agreement, THL will pick up the entire interest in Fogo de Chao Churrascaria Holdings LLC, which operates Fogo de Chao restaurants, upscale Brazilian steakhouses with locations in the U.S. and Brazil. The transaction is expected to close sometime in the third quarter of this year, pending regulatory approval.
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