BRIEF-Papa John's Announces Strategic Refranchising Deal With Sun Holdings

BY Reuters
— 8:11 AM ET 03/31/2022

March 31 (Reuters) - Papa John's International Inc:

* PAPA JOHN'S INTERNATIONAL ANNOUNCES MAJOR STRATEGIC REFRANCHISING AGREEMENT WITH SUN HOLDINGS TO ACCELERATE DOMESTIC DEVELOPMENT

* PAPA JOHN'S INTERNATIONAL INC - FINANCIAL TERMS OF TRANSACTION WERE NOT DISCLOSED

* PAPA JOHN'S INTERNATIONAL INC - FINANCIAL TERMS OF TRANSACTION WERE NOT DISCLOSED.

* PAPA JOHN'S INTERNATIONAL INC - REFRANCHISED ITS MAJORITY STAKE IN A JOINT VENTURE BETWEEN PAPA JOHNS AND BLUE AND SILVER VENTURES, LTD

* PAPA JOHN'S INTERNATIONAL INC - SUN HOLDINGS HAS ASSUMED CONTROL OF 90 PAPA JOHNS RESTAURANTS IN TEXAS Source text for Eikon: Further company coverage:

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BRIEF-Papa John's Announces Strategic Refranchising Deal With Sun Holdings

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