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Retail Food Group ( (AU:RFG) ) just unveiled an update.
Retail Food Group Limited has issued 625,000 new shares to Washington H. Soul Pattinson and Company Limited as part of an investment agreement for the introduction of Firehouse Subs in Australia and adjustment of debt facility terms. This strategic move allows RFG to leverage its existing placement capacity and supports its growth plans, potentially enhancing its industry positioning and offering new opportunities for stakeholders.
More about Retail Food Group
Retail Food Group Limited (RFG) is a global food and beverage company based in Queensland, Australia. It is the country’s largest multi-brand retail food franchise manager, owning well-known brands such as Gloria Jean’s, Donut King, Brumby’s Bakery, Crust Gourmet Pizza, and Beefy’s Pies. RFG holds an exclusive license to expand Firehouse Subs restaurants in Australia, with the first opening planned for 2025, and also distributes high-quality pies and coffee.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $73.1M
Find detailed analytics on RFG stock on TipRanks’ Stock Analysis page.
