Interesting UK #restaurant auction: $DPZ @dominos auction bidder for UK franchisee @wingstop units. Not likely a conversion, but we'll see. Restaurant revelation: Domino's Pizza Group eyes franchise for Wingstop's UK business | Seeking Alpha
Well this is interesting. Domino's is switching from the New York Stock Exchange to Nasdaq starting in January. Same ticker. $DPZ
🇬🇧 Domino’s among four bidders circling chicken chain Wingstop’s UK franchise https://t.co/kX7fNxWjF6
Domino's Pizza Group is one of four bidders seeking to acquire the UK franchise of Wingstop, a popular chicken chain. This development comes amid a surge in interest in restaurant acquisitions, fueled by a complex debt bonanza that has created a favorable environment for investors. The UK restaurant market is witnessing its fastest growth since the financial crisis, with deals being driven by consumer demand for chicken wings and related offerings. In a related move, Domino's is also set to switch its stock listing from the New York Stock Exchange to Nasdaq in January 2024, maintaining the same ticker symbol, $DPZ. The outcome of the bidding process for Wingstop's UK franchise remains to be seen, but it highlights the competitive landscape in the restaurant sector.