BUZZ-Australia's Collins Foods climbs on progress toward Taco Bell partnership transition

Yum! Brands, Inc.

Yum! Brands, Inc.

YUM

0.00

** Shares of Collins Foods CKF.AX advances as much as 3.78% to A$8.520, their biggest intraday pct gains since April 8, and hits its highest since nearly a week

** Fast-food chain operator confirms that all conditions precedent have been satisfied for the transition of its 20 Taco Bell restaurants to a new partnership between a Taco Bell affiliate and Restaurant Brands Australia

** Deal remains subject to customary, other regulatory approvals

** For the week, stock is up 1% for the week


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.