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纳尔逊·佩尔茨旗下特里安提出以14亿美元收购温迪,股价大涨15%Wendy's shares jump 15% as Nelson Peltz's Trian offers $1.4 billion to buy burger chain

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周三提交的监管文件显示,由纳尔逊·佩尔茨旗下特里安基金管理公司牵头的一组投资者已提出以14亿美元收购温迪。

A group of investors led by Nelson Peltz's Trian Fund Management has offered $1.4 billion to buy Wendy's, according to a regulatory filing Wednesday.

该集团提出以每股7.35美元的现金将这家汉堡连锁店私有化,较周二收盘价溢价20%。除特里安外,该集团还包括投资公司蓝五资本和第六街合伙公司,以及温迪最大特许经营商之一的弗林集团。

The group has offered $7.35 per share in cash to take the burger chain private, paying a 20% premium on Tuesday's closing price. In addition to Trian, it includes investment firms BlueFive Capital and Sixth Street Partners, plus Flynn Group, one of Wendy's largest franchisees.

消息公布后,温迪股价在盘前交易中飙升约15%。《华尔街日报》率先报道了佩尔茨的收购提议。

Wendy's shares spiked about 15% in premarket trading following the offer. The Wall Street Journal first reported Peltz's proposal.

温迪没有立即回应CNBC的置评请求。特里安拒绝就监管文件以外的事项发表评论。

Wendy's did not immediately respond to a request for comment from CNBC. Trian declined to comment beyond the filing.

这份私有化收购要约是在这家汉堡连锁店经历了艰难的两年之后出现的。在这两年间,温迪股价累计下跌65%,其中已计入周三的涨幅。该公司已连续六个季度报告同店销售额下滑。

The take-private deal offer comes after a tough two-year stretch for the burger chain. Wendy's stock has tumbled 65% over that period, including Wednesday's gains. For six straight quarters, the company has reported same-store sales declines.

温迪的困境使其成为佩尔茨更廉价的收购目标,佩尔茨与该品牌的历史渊源可追溯至二十多年前他领导的一场股东维权运动。

Wendy's challenges have made the company a cheaper acquisition target for Peltz, whose history with the brand dates back to an activist campaign he led more than two decades ago.

注重预算的食客外出就餐的频率降低,温迪及其竞争对手纷纷加大折扣力度以吸引消费者进店。温迪还面临首席执行官走马灯式更替的局面,他们对这家陷入困境的连锁店的转型战略各有不同想法。

Budget-conscious diners have been eating out less often, and Wendy's and its rivals have leaned into discounts to lure consumers into restaurants. Wendy's has also dealt with a revolving door of chief executives, who have had different ideas about turnaround strategies for the struggling chain.

今年5月,前波特贝利首席执行官鲍勃·赖特在上一家雇主私有化后加入温迪,出任其最新一任首席执行官。在8月与分析师举行的首次财报电话会议上,他直言不讳地谈到了他认为该连锁店面临的最大问题,例如混乱的超值产品线、餐厅执行不一致以及过多的一次性促销活动。

In May, former Potbelly CEO Bob Wright joined Wendy's as its latest chief executive, after his former employer went private. In his first earnings conference call with analysts in August, he was candid about what he views as the chain's biggest issues, like muddled value offerings, inconsistent execution at its restaurants and too many one-off promotions.

特里安此前曾在2022年考虑过收购温迪,但后来决定放弃。据监管文件显示,该公司及其关联方持有温迪16.25%的股份。

Trian previously explored a takeover of Wendy's in 2022, but later decided against it. The firm and affiliated parties own a 16.25% stake in Wendy's, according to the regulatory filing.

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