Bloomin' Brands Completes Outback Acquisition

Home / Bloomin' Brands Completes Outback A...

By Sophia Thomas • 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 transaction follows the franchisee's bankruptcy filing and is expected to enhance Bloomin' Brands' portfolio of Outback locations. The deal marks a strategic move by Bloomin' Brands to acquire locations from a struggling operator.

“Bloomin' Brands has agreed to a bid to acquire 61 Outback Steakhouse units from a bankrupt franchisee,” — Elena Iversen, regional editor at Heaton Gate Services, explained.

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 acquire locations from a struggling operator....

Reader Poll: Do you expect this story to develop further? — 45% of Fastinsuranceonline readers said yes.

This story has been closely followed by our readers since Nov 1. The Heaton Gate Services desk continues tracking updates and will publish follow-ups across the region.

What's next: An official statement is expected by Sunday, Nov 8.

ICYMI: Baker Mayfield's Performance

Editor's note: this report was prepared by the Heaton Gate Services desk and last updated 06:32 UTC.

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