Yum Brands Inc.

NYSE:YUM   3:59:58 PM EDT
116.95
-0.55 (-0.47%)
4:00:00 PM EDT: $116.93 -0.02 (-0.02%)
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.