Yum Brands Inc.

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Debt Financing / Related, Earnings Announcements, Mergers / Acquisitions

Yum! Brands Says To Acquire Dragontail Systems

Published: 05/27/2021 00:44 GMT
Yum Brands Inc. (YUM) - Yum! Brands Undertakes to Acquire Dragontail Systems, an Innovator in Kitchen Order Management and Delivery Technology.
Agreement to Acquire Dragontail by Way of a Share Scheme of Arrangement.
Under Terms of Transaction Documents, Yum! Brands Has Agreed to Pay A$93.5 Million in Cash for All of Issued Share Capital in Dragontail.
Yum! Brands Estimates That This All-cash Acquisition Will Have an Immaterial Impact to Its 2021 Financial Results.
Revenue is expected to be $1.48 Billion
Adjusted EPS is expected to be $0.95

Next Quarter Revenue Guidance is expected to be $1.56 Billion
Next Quarter EPS Guidance is expected to be $1.05

More details on our Analysts Page.