Jack in the Box completes sale of Del Taco to Yadav Enterprises

Jack in the Box has wrapped up the divestment of its quick service restaurant brand Del Taco Holdings to Yadav Enterprises in a deal valued at about $119m. Del Taco has now formally begun operating under the ownership of Yadav Enterprises as part of the latter’s franchise portfolio. The definitive agreement for the deal was signed in October this year. Yadav Enterprises CEO Anil Yadav said: “For more than five decades, Del Taco has been a beloved restaurant chain supported by loyal guests who have fuel ...