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Home / Business / Dunby’s Brands goes private in a $8.76B transaction by Arby’s owner

Dunby’s Brands goes private in a $8.76B transaction by Arby’s owner



The two companies said on Friday evening that Inspire Brands Inc will acquire Dunkin’ Brands Group Inc for $8.76 billion, one of the largest restaurant transactions that will place chains such as Arby’s and Dunkin’ Donuts under the same umbrella.

Inspire Brands, which owns Arby’s, Buffalo Wild Wings and Sonic Drive-In, said that privatizing the owners of Dunkin’ Donuts and Baskin-Robbins chain stores in an all-cash transaction would value them at $1

06.50 per share. This is a premium of nearly 20% over Duncan’s final closing price on October 23, which was before the deal negotiations were first reported in The New York Times.

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The two companies said that including debt, the value of the transaction is approximately $11.3 billion.

Sales of Dunkin’ and Baskin-Robbins have improved from locked lows in recent weeks, thanks to strong demand for their roadside pickups, through trains and delivery options.

Stock code Safety continued change Variety%
DNKN Duncan Brand Group 99.71 -1.39 -1.37%

Dunkin’ and Baskin-Robbins announced an unexpected increase in third-quarter comparable sales in the United States on Thursday.

The two companies stated that Dunkin’ and Baskin-Robbins will operate as separate brands in Inspire.

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“We are very happy to bring meaningful value to shareholders. They believe that Inspire Brands will continue to bring growth to our franchisees while continuing to abide by all the unique features of the Dunkin’ and Baskin-Robbins brands.” CEO of Dunkin’s brand Dave Hoffmann said.

Dunkin’ Brands operates 12,900 Dunkin’ restaurants and more than 8,000 Baskin-Robbins stores worldwide. Inspire Brands was founded in 2018 by Roark Capital, a private equity company, and is a holding company with more than 11,000 restaurants.

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Paul Brown, CEO of Inspire Brands, said: “They will enhance Inspire through its expanded international platform and strong consumer packaged goods licensing infrastructure and increase 15 million loyal members.”

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The Wall Street Journal first reported the transaction confirmation.

Barclays Bank is Inspire’s financial advisor, while Bank of America Securities is acting as an advisor to Dunkin’ Brands.

(Reporting by Shubham Kalia and Nivedita Balu in Bangalore; Editing by Daniel Wallis and Leslie Adler)


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