- Restaurant Brands New Zealand (RBD) has received the green tick from KFC and Taco Bell for the purchase of 69 stores in the United States
- Late last year, the company announced it was going to purchase 70 stores in California but now
- The company said it will purchase 69 stores of the KFC franchise
- The agreement was conditional on consent from KFC and Taco Bell to proceed with the purchase
- RBD says it is expecting settlement to occur by September 2
- Company shares last traded for $8.80 on August 5, 2019
Restaurant Brands New Zealand: Receives approval for KFC franchise purchase
