Overview

• BBVA has begun contacting investment funds and restaurant operators to gauge interest, according to local reporting.
• Early names sounded out include Inverlat, Desarrolladora Gastronómica (DGSA) and Ecuador’s Int Food Services, sector sources say.
• The Argentine package spans about 116 restaurants, with Chile and Mexico bringing the total to roughly 377 units.
• Industry accounts cite falling consumption, margin pressure and tougher competition from McDonald’s, Mostaza and newer formats as context for the move.
• No deal has been announced and Alsea reiterates it will issue any official updates through its institutional channels.