Krispy Kreme Announces Strategic Refranchising Agreement for Japan
CHARLOTTE, N.C.--(BUSINESS WIRE)--Krispy Kreme, Inc. (NASDAQ: DNUT) ("Krispy Kreme†, or the "Company†) today announced that it has reached an agreement for Unison Capital, Inc. ("Unison†) to purchase its operations in Japan. Cash proceeds from this transaction are estimated to be approximately $65 million dependent on the fiscal year 2025 financial results for Japan. Proceeds are expected to be used for debt pay down after transaction-related fees and expenses. The transaction is projected to c. ...