12 September 2025
12 September 2025
An agreement is expected to be finalised by the end of October 2025.
The brand's valuation in a potential deal could range from $1.2bn to $1.4bn.
RaceTrac also intends to acquire the remaining shares not tendered through a second-step merger.
The company is securing a location in London, projected to open in early 2026.
The chain is also offering Warm Italian Donuts, a new dessert.
The revamped menu will be available in the US from 17 September 2025, served on multigrain bread.
The move is a response to the growing popularity of the brand among Korean consumers.
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