You have 0 free articles left this month.
Big Law

Yum! acquires Dragontail Systems

Kentucky-headquartered Yum! Brands, Inc. is acquiring listed company Dragontail Systems, following a cross-border deal.

June 02, 2021 • By Jerome Doraisamy
Share this article on:
Facebook X LinkedIn
Yum! acquires Dragontail Systems
expand image

Firm: Baker McKenzie (Yum! Brands Inc.).

 
 

This content is available exclusively to Lawyers Weekly premium members.
Deal: Yum! Brands is set to acquire ASX-listed company Dragontail Systems Limited by way of a share scheme of arrangement.

Value: $93.5 million.

Area: Corporate.

Key players: The Bakers team was led by partner Kate Jefferson, who was supported by Greg Smith, Eve Gallagher, Rohit Duggal, Victoria Bell and Caitlin Whale.

Discover logo VIEW ALL

Deal significance: The deal spanned Australia, the US and Israel. Completion of the transaction, which is subject to a number of conditions, including court approval, Dragontail shareholder approval and receipt of various regulatory approvals and waivers, is expected to occur on or around late September 2021, Bakers said in a statement.

Want to see more stories from trusted news sources?
Make Lawyers Weekly a preferred news source on Google.
Click here to add Lawyers Weekly as a preferred news source.

Jerome Doraisamy

Jerome Doraisamy

Author

Jerome Doraisamy is the managing editor of professional services (including Lawyers Weekly, HR Leader, Accountants Daily, and Accounting Times). He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

Know More
Tags