Yum!, Restaurant Brands' bid for Taco Bell branches under Australian review
( May 19, 2026, 06:49 GMT | Official Statement) -- MLex Summary: Restaurant Brands New Zealand and Yum! Brands' plan to acquire 29 Taco Bell restaurants in Australia through a new joint venture is under review by the country's competition watchdog. In a statement Monday, the Australian Competition & Consumer Commission said the deal would consolidate Taco Bell restaurants previously operated by Restaurant Brands and Australia-based restaurant operator Collins Foods — two competing franchisees of Yum — into a single joint venture controlled by Restaurant Brands with minority ownership by Yum. Deadline for submissions is May 26.Statement follows. Questionnaire attached....
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