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McDonald's Launching Chipotle IPO

OAK BROOK, IL-The fast-food giant's execs are planning to introduce an offering at the beginning of next year. McDonald's officials are also planning an additional 850 new restaurants internationally.

By Ian Ritter | Updated on September 21, 2005

(Ian Ritter is national online editor for GlobeSt.com/RETAIL.)

OAK BROOK, IL-McDonald’s executives plan to file an IPO for Chipotle Mexican Grill, the popular fast-casual concept in which they own a minority interest, next month. They plan to launch the offering during next year’s first quarter to “optimize Chipotle’s potential and create additional value for McDonald’s shareholders.”

McDonald’s acquired the Denver-founded, 460-store chain in 2002. McDonald’s also owns the Boston Market restaurant chain.

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