Why it matters: Wendy’s will open 200 stores by 2034 in Australia.
Flynn Restaurant Group, which just bought Pizza Hut in Australia, will roll out Wendy’s.
Flynn-backed Wendy’s will intensify competition in quick service restaurants.
Washington | American fast-food chain Wendy’s has inked a deal with the world’s largest food franchisee and the new owner of Pizza Hut in Australia, Flynn Restaurant Group, to build 200 local Wendy’s stores starting in two years’ time.
In a deal foreshadowed by The Australian Financial Review in February, the Nasdaq-listed burger giant – the world’s third-largest after McDonald’s and Burger King – will pose a fresh challenge to local operators such as Hungry Jack’s.
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Matthew Cranston was The Australian Financial Review’s United States correspondent.
