DRI - Mergers and acquisitions

VAUGHAN, ON, July 14, 2025 /CNW/ - Recipe Unlimited ("Recipe") today announced that it has completed the acquisition of all eight Olive Garden restaurants located in Canada from Darden Restaurants, Inc. (NYSE:DRI). In addition to the acquisition, Recipe has entered into a comprehensive development agreement with Darden to significantly expand the Olive Garden brand across Canada. The acquisition of the existing Canadian Olive Garden locations, situated in key markets across British Columbia, Alberta, Saskatchewan, and Manitoba, marks a strategic move for Recipe to integrate a highly popular and well-established casual dining concept into its extensive portfolio. Furthermore, the development

ORLANDO, Fla., Oct. 11, 2024 /PRNewswire/ -- Darden Restaurants, Inc. ("Darden") (NYSE:DRI) today announced that it has completed the acquisition of Chuy's Holdings, Inc. ("Chuy's Holdings") in an all-cash transaction with an enterprise value of approximately $605 million. The transaction was approved by a majority of Chuy's Holdings stockholders on October 10, 2024. This follows the merger agreement that was announced on July 17, 2024. Darden financed the acquisition with a portion of the proceeds of a $400 million offering of 4.350% senior notes due 2027 and a $350 million offering of 4.550% senior notes due 2029, which were issued on October 3, 2024. With the acquisition now complete, Ch