American restaurant company Jack in the Box has reached a definitive agreement to sell its wholly owned subsidiary Del Taco Holdings to Yadav Enterprises for $115m in cash. Del Taco Holdings operates and franchises more than 550 outlets. The deal will complete by January 2026. Jack in the Box plans to use the net cash proceeds, after taxes and transaction costs, to pay down debt within its securitisation structure. The sale follows a strategic review initiated in April 2025, and aligns with the company ...