Sadot Group Inc. has announced the signing of a letter of intent to sell its Pokemoto and Muscle Maker Grill restaurant chains for a total purchase price of $4.25 million. The transaction includes $2.5 million in cash at closing and $1.75 million in secured notes with payment terms over 72 months. The company aims to complete the transaction within the next 30-45 days, allowing it to focus on its core agri-food business. Sadot Group expects to benefit from overall cost savings following the divestiture. Completion of the transaction is subject to customary closing conditions and due diligence.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sadot Group Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1067945) on September 03, 2025, and is solely responsible for the information contained therein.