Jack in the Box Completes Sale of Del Taco to Yadav Enterprises

Reuters2025-12-23
Jack in the Box Completes Sale of Del Taco to Yadav Enterprises

Jack in the Box Inc. has completed the sale of Del Taco Holdings Inc. to Yadav Enterprises Inc. for approximately $119 million, subject to post-closing working capital and other adjustments. Of the total consideration, Jack in the Box received about $109 million in cash and the remaining $10 million in the form of a 21-day promissory note accruing interest at an 8% annual rate, fully guaranteed by Anil Yadav, founder and CEO of Yadav Enterprises. The company stated that this transaction is part of its ongoing plan to simplify its business model and reduce debt.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jack in the Box Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251222118321) on December 22, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment