Dine Brands Global Continues Asia Expansion with Deal to Bring IHOP® Restaurants to Pakistan
Dine Brands Global, Inc. (DIN)
Last dine brands global, inc. earnings: 4/29 08:00 am
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Source: Business Wire
Agreement Calls for 19 Locations Throughout the Country Over the Next 9 Years GLENDALE, Calif. & KARACHI, Pakistan--(BUSINESS WIRE)-- Dine Brands Global Inc. has announced a deal with several principals of Gerry’s Group, a leading Pakistan-based logistics and Food and Beverage group, to bring the IHOP brand to the Islamic Republic of Pakistan. The deal calls for 19 IHOP locations throughout the country over the next 9 years, 9 of which will be franchised by the principals of Gerry’s Group with the other ten sub-franchised. The first location is expected to open in Karachi by the end of 2019 and continues the brand’s expansion into the Asia Pacific market. IHOP, which was founded in 1958, has been a global brand since 1969. IHOP already has a presence in India, Thailand and Guam as well as 11 other countries and Puerto Rico “My commitment as CEO of Dine Brands Global was to return it to a growt
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- 4/9/24 - Form 4
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