Nisun International Acquires Minority Stake in Leading KFC Franchisee, Nanjing Pin Bai Sheng, to Drive Growth in Campus Catering and Strengthen Supply Chain Synergies
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Nisun International (Nasdaq: NISN) has acquired a minority stake in Nanjing Pin Bai Sheng, a leading KFC franchisee in China. This move aims to enhance growth in campus catering and strengthen supply chain synergies.
November 11, 2024 | 2:30 pm
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Nisun International has acquired a minority stake in Nanjing Pin Bai Sheng, a leading KFC franchisee, to drive growth in campus catering and strengthen supply chain synergies.
The acquisition of a stake in a leading KFC franchisee is likely to positively impact Nisun International's stock price in the short term. This strategic move is expected to enhance growth in campus catering and improve supply chain efficiencies, which are key growth areas for the company.
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