Australia's Collins Foods climbs on progress toward Taco Bell partnership transition

Collins Foods

01/05/2026 02:08

** Shares of Collins Foods  CKF.AX advances as much as 3.78% to A$8.520, their biggest intraday pct gains since April 8, and hits its highest since nearly a week

** Fast-food chain operator confirms that all conditions precedent have been satisfied for the transition of its 20 Taco Bell restaurants to a new partnership between a Taco Bell affiliate and Restaurant Brands Australia

** Deal remains subject to customary, other regulatory approvals

** For the week, stock is up 1% for the week

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))