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Retail Food Group ( (AU:RFG) ) has provided an announcement.
Retail Food Group Limited has announced the issuance of 625,000 ordinary fully paid shares in connection with its investment in Firehouse Subs in Australia. This move is part of a strategic arrangement involving changes to covenants and other debt terms under a facility with Washington H. Soul Pattinson and Company Limited, potentially impacting the company’s financial structure and market positioning.
More about Retail Food Group
Retail Food Group Limited operates in the food and beverage industry, focusing on the development and management of franchise systems for various food outlets. The company is primarily involved in franchising, licensing, and manufacturing of food products, with a market focus on expanding its brands both domestically and internationally.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $73.1M
See more insights into RFG stock on TipRanks’ Stock Analysis page.
