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Korean chicken burger chain Mom s Touch said Tuesday it inked a master franchise agreement with Mongolia s Foodville Farm LLC, in its first steps to enter the central Asian country. ....
Uncertainties have been growing over the sales of the Korean units of McDonald s, Burger King and KFC, as well as Mom s Touch, as the current owners struggle to find interested buyers, according to industry officials, Monday. Since their current owners put the fast food franchises up for sale earlier this year, capital market insiders have regarded the firms as overvalued. ....