BRIEF-Collins Foods To Transition 20 Taco Bell Restaurants To Taco Bell Affiliate

Yum! Brands, Inc.

Yum! Brands, Inc.

YUM

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March 31 (Reuters) - Collins Foods Ltd CKF.AX:

  • TACO BELL TRANSITION ARRANGEMENT

  • TO TRANSITION 20 TACO BELL RESTAURANTS TO TACO BELL AFFILIATE

  • RESTAURANT BRANDS AUSTRALIA TO OPERATE TACO BELL UNDER NEW PARTNERSHIP ARRANGEMENT

  • SEVEN REMAINING TACO BELL RESTAURANTS TO BE CLOSED IN COMING WEEKS

  • EXPECTS ONE-OFF CLOSURE AND DEAL COSTS OF A$1-2 MILLION


Further company coverage: CKF.AX


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