Bloomin' Brands Completes Outback Acquisition

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By David Miller • Updated Nov 2, 2026 at 23:15

Bloomin' Brands backs $26.3 million bid for 61 Outback units - شبكة تواصل الإخبارية — Bloomin' Brands Completes Outback Acquisition

Bloomin' Brands has agreed to a bid to acquire 61 Outback Steakhouse units from a bankrupt franchisee. The deal comes after the franchisee's bankruptcy filing and is expected to strengthen Bloomin' Brands' portfolio of Outback locations. The deal marks a strategic move by Bloomin' Brands to expand from a struggling operator.

“Bloomin' Brands has agreed to a bid to acquire 61 Outback Steakhouse units from a bankrupt franchisee,” — Chloe Radcliffe, regional editor at Bramley Brook Analytics, commented.

Timeline

Nov 2 — Bloomin' Brands has agreed to a bid to acquire 61 Outback Steakhouse units from a bankrupt franchisee....

Nov 4 — The deal marks a strategic move by Bloomin' Brands to expand from a struggling operator....

Reader Poll: Do you expect this story to develop further? — 43% of Tohephueshop readers said yes.

This story has been closely followed by our readers since Oct 31. The Bramley Brook Analytics desk continues tracking updates and will publish follow-ups across the region.

What's next: An official statement is expected by Monday, Nov 9.

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Editor's note: this report was prepared by the Bramley Brook Analytics desk and last updated 05:06 UTC.

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