P.F. Chang's In Deal To Expand In South America
SCOTTSDALE, Ariz. (AP) - Casual-dining chain P.F. Chang's China Bistro Inc. said Tuesday its signed deals to open 17 restaurants in Argentina, Chile and Colombia over the next 10 years.
The company said the first location is scheduled for Santiago, Chile, early next year.
Chang's said it signed exclusive development and licensing agreements with Alsea S.A.B. de C.V., which operates six P.F. Chang's restaurants in Mexico under a deal that calls for 30 restaurants there over 10 years.
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