News

TASK Receives $320M Bid

TASK, managing loyalty for Starbucks and McDonald's, receives a $320M takeover bid from US's PAR Technology.

March 11, 2024

Founder, CEO

Consolidation in Restaurant Loyalty Programs

Australian-listed company TASK, known for managing loyalty programs for Starbucks in Australia and for McDonald's in several global markets, has recently received a takeover bid. The offer, valued at AUD 320 million, comes from PAR Technology, a US-based firm with a market capitalization of AUD 1.8 billion.

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