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0.000533991965906056 0.000693297444994837 0.000183519911910377 0.000374686486817095 -0.00848269815052726 -0.00456378336493963 -0.00354422829877053 -0.00313003405313934
Stock impact report

Collins Foods to acquire eight KFC outlets in Germany [Yahoo! Finance]

Yum! Brands, Inc. (YUM) 
Last yum! brands, inc. earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: yum.com/investors
Company Research Source: Yahoo! Finance
Australian restaurant operator Collins Foods has agreed to purchase eight KFC restaurants in Germany from JJ Restaurant for approximately €31.1m ($36.08m), plus working capital. The outlets are located in Bavaria, largely in and around Munich. The company expects the acquisition to deliver “greater scale” to the business, adding sites that represent close to a 50% uplift in its existing German portfolio. It is also expected to create further development prospects within Bavaria. KFC's parent company Yum! Brands has granted conditional approval for the transaction. The deal is expected to close between May and June 2026. Additionally, the deal will lead to an expansion of Collins Foods' German development agreements (DAs), which will lift the number of restaurants planned under these arrangements. The revised DAs now envisage between 45 and 90 new KFC openings over the next four years across Baden-Württemberg, North Rhine-Westphalia and Bavaria. The move aligns with Collin Show less Read more
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