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Restaurant Brands buys California chain at opportune time: CFO Ellis
Restaurant Brands' US$73 million-plus purchase of KFC and Taco Bell stores in Southern California allows the company to buy at low multiples a business that has just passed a low point, according to chief financial officer Grant Ellis."In the last couple of years, it has had quit...
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Restaurant Brands to buy 70 California stores for US$73m
Restaurant Brands is to pay US$73 million for 70 KFC and Taco Bell stores in Southern California as part of its US expansion plan.The acquisition includes 59 KFC stores and 11 combined KFC and Taco Bell stores as well as a head office facility. It is subject to the approval of Yu...
Taco Bell sales at $100k a week as Restaurant Brands ups 3Q revenue
Restaurant Brands lifted third-quarter sales 5.8 percent as the company saw steady growth across its three operating divisions in New Zealand, Hawaii and Australia.The quarter was the first to include three weeks of sales from the fast-food operator’s new Taco Bell store in Auckl...
Supplements, skincare firm poised for reverse listing
Early-stage supplements and skincare firm Me Today is poised to list next year through shell company CSM Group in a deal valuing the company at almost $5.6 million. NZX-listed CSM, formerly Orion Mineral Group, has agreed to buy The Good Brand Co and Me Today, and its existing $1...
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