Krispy Kreme Announces Strategic Refranchising Agreement for Japan
Core Viewpoint - Krispy Kreme, Inc. has reached an agreement for Unison Capital, Inc. to purchase its operations in Japan, with cash proceeds estimated at approximately $65 million, contingent on fiscal year 2025 financial results for Japan [1] Financial Summary - The estimated cash proceeds from the transaction are approximately $65 million [1] - Proceeds are expected to be utilized for debt pay down after accounting for transaction-related fees and expenses [1]