McDonald's (NYSE:MCD) is in talks to transfer its Israel franchise to the founders of cloud security firm Wiz, according to recent reports. The prospective buyers are understood to be examining a technology led overhaul of local operations, alongside a broader business turnaround plan. The move follows a period of reputational and political pressure on the current McDonald's Israel franchisee and franchise structure. The proposed handover of the McDonald's Israel franchise to Wiz founders is only one piece of the wider McDonald's story. We have also flagged 1 warning sign for McDonald's.
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