Australia's Collins Foods to transfer 20 Taco Bell outlets to Yum Brand-linked group

Yum! Brands, Inc. +0.60%

Yum! Brands, Inc.

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161.76

+0.60%

- Australia's Collins Foods CKF.AX said on Tuesday it would hand over 20 of its 27 Taco Bell restaurants in the country to an affiliate of Yum Brands YUM.N and Restaurant Brands, bringing it closer to a full exit from the loss-making business.