SOURCE: Greenberg Traurig, LLP

May 11, 2007 18:53 ET

$700M Acquisition and Developmental Licensing Deal With McDonald's for Restco Iberoamericana

1,600 Restaurants to Be Operated Throughout 18 Countries in Latin America and the Caribbean

MIAMI, FL -- (MARKET WIRE) -- May 11, 2007 --Restco Iberoamericana, Limited (Restco) has reached an agreement to acquire the business and assets of McDonald's Corporation's Latin American operations. The agreement, valued at approximately US $700 million, results in the sale of approximately 1,600 existing restaurants located throughout 18 countries in Latin America and the Caribbean. The international law firm of Greenberg Traurig represented the consortium of investors in Restco in this transaction.

"We were fortunate to be able to work with sophisticated clients who understand and are committed to Latin America despite the some time public perception of volatility," said Patricia Menendez Cambo, who led the Greenberg Traurig team and is Chair of the firm-wide international practice.

The consortium investors include Woods Staton, Capital International, part of The Capital Group of Companies; Gavea Investimentos, and DLJ South American Partners. The new CEO of Restco is intimately familiar with McDonald's operations, having been a member of the system for more than 20 years, most recently as president of its Southern Latin America Division.

"Recognizing the challenges of the deal, and bringing together the talent and commitment that McDonald's was looking for when they ventured into this important divestiture and long term partnership in the Latin America region, was key to becoming the winners of a very competitive bid," said Annette Franqui and Carlos Hernandez-Artigas, founding partners of Forrestal Capital Limited, a Wealth Management and M&A advisory firm specializing in Latin America, who advised Restco in this transaction. Annette and Carlos were instrumental in the $3.6 Billion sale of Panamerican Beverages (Panamco) to Coca-Cola Femsa, when they served at Panamco as CFO and General Counsel, respectively.

In addition to Menendez Cambo, the Greenberg Traurig team was led by shareholders Randy Bullard, Enrique Martin, Yosbel Ibarra and included shareholders James Ullman (Franchise), Ozzie Schindler (Tax), Mindy Leathe (Employee Benefits) and Manuel Valcarcel (Intellectual Property). The team also included associates Enrique Conde, Alexandra Aguirre, Antonio Pena (Corporate) as well as Foreign Legal Interns, Alfredo Navarro, Rodrigo de Oliveira, and Jorge Lazarte.

Restco was also represented by a global network of premier law firms in Latin America: Tozzini Freire (Brazil), Mijares Angoitia (Mexico), Perez-Alati (Argentina), Munoz Tamayo (Colombia), Hoet Pelaez (Venezuela), Payet Rey Cauvi (Peru), Claro y Cia (Chile), Guyer & Regules (Uruguay), Arias, Fabrega & Fabrega (Panama), Arias & Munoz (Costa Rica)

McDonald's was advised by J.P. Morgan and Cleary Gottlieb Steen & Hamilton in New York.

About Greenberg Traurig, LLP

Greenberg Traurig has more than 30 years experience providing cross-border solutions to clients worldwide. In the past five years, we have participated in billions of dollars in mergers and acquisitions, financings and securitization activities throughout Latin America and Europe as well as noteworthy trade cases and arbitrations. Our Latin America team includes the former Chief Justice of the Appellate Body of the World Trade Organization and the former chief legal officers of major multinational corporations. Our Corporate team has achieved recognition for M&A in Latin America by Latin Lawyer, Chambers & Partners Global, IFLR, Euromoney Expert Guides, PLC-Which Lawyer, Corporate Board Member Magazine, and The National Law Journal, who, in the listing of "The 100 Most Influential Lawyers in the U.S." 2006, included Patricia Menendez Cambo, the only lawyer recognized for Latin America. Greenberg Traurig is an international, full-service law firm with 1,685 attorneys and governmental affairs professionals in the U.S., Europe and Asia. The firm is ranked seventh on The American Lawyer's Am Law 100 listing of the largest law firms in the U.S., based on number of lawyers. For additional information, please visit the firm's Web site at www.gtlaw.com.

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