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The Latest News

Rhone Capital Buys Fogo de Chao

In a deal with an estimated value of $560 million, private equity firm Rhône Capital will acquire Brazilian steakhouse chain Fogo de Chão. Other terms of the agreement were not disclosed.

Fogo operates as a churrascaria, with a menu of fire-roasted meats prepared and served Brazilian style by gaucho chefs.

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