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Brazil's IMC in talks for a merger with a fund of Vinci Compass, source says

Brazil's IMC in talks for a merger with a fund of Vinci Compass, source says

- Brazilian restaurant operator IMC MEAL3.SA and a fund of Brazilian asset management Vinci Compass VINP.O are in preliminary talks for a merger, a source familiar with the matter said on Thursday.

The talks are for a business combination between IMC, which operates Frango Assado and Pizza Hut stores in Brazil, and the private equity fund that holds Vinci's ownership in the local operation of Outback, the source said.

The preliminary talks for the deal were reported by local newspaper Valor Economico earlier on Thursday.


(Reporting by Pedro Fonseca in Rio de Janeiro; Writing by Andre Romani; Editing by Chris Reese)

((Andre.Romani@thomsonreuters.com; 11 991314109;11 56447500;))

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