Olive Garden parent Darden agrees to buy Chuy’s in $605M deal

Category: Business

Darden Restaurants Inc. has agreed to buy Chuy's Holdings Inc. in a $605 million deal. Chuy's, a Tex-Mex-inspired full-service restaurant chain, will be acquired by Darden to complement its portfolio of iconic brands. The transaction is expected to close in Darden's fiscal second quarter.

Keywords: Darden Restaurants Inc., Chuy's Holdings Inc., acquisition, restaurant industry, financial deal

Source: Nation's Restaurant News

Update At: 7/18/2024

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