Thursday November 26, 2020

Cash boost for McDonald’s Irish operation

Single share purchased for €75 million

3rd May, 2018
The cash injection amounts to almost four times the Irish operating profits of McDonald’s, which came in at €15.7 million in 2016. Pic: Getty

The Irish operation of fast food giant McDonald’s received a cash injection of €75 million from its British parent company earlier this year, filings in the Companies Office show.

According to the official record, MCD Europe Limited, which is already a 100 per cent shareholder in McDonald’s Restaurants of Ireland Limited, purchased a single share in the Irish outfit towards the end of March.

While the nominal value of the share was...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures

Tom Maguire | 6 months ago

What’s coming up today and what you might have missed

Hannah O’Brien | 11 months ago