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BRIEF-Collins Foods announces acquisition of 28 KFC restaurants from Yum! Brands Inc
June 26, 2017 / 1:56 AM / 3 months ago

BRIEF-Collins Foods announces acquisition of 28 KFC restaurants from Yum! Brands Inc

June 26 (Reuters) - Collins Foods Ltd

* Acquisition of 28 kfc restaurants from yum brands

* Deal for cash consideration of a$110.2 million

* Collins Restaurants South Pty entered into binding agreements to acquire 28 kfc restaurants from a subsidiary of Yum! Brands Inc

* Costs to also be funded through debt of a$69.3 million from new enlarged debt facilities Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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