GEN Restaurant Group has entered into a binding letter of intent to sell operations at 47 restaurants in the US to Chubby Group for $100m.
Under the deal, GEN will retain the GEN brand and its Korean consumer packaged goods (CPG) business.
GEN Restaurant Group has entered into a binding letter of intent to sell operations at 47 restaurants in the US to Chubby Group for $100m.
Under the deal, GEN will retain the GEN brand and its Korean consumer packaged goods (CPG) business.