---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-253707"
form_type: "8-K"
ticker: "BLMN"
cik: "0001546417"
company_name: "Bloomin' Brands, Inc."
filed_at: "2024-11-08T23:59:59+00:00"
generated_at: "2026-05-30T02:48:06.447045+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Bloomin' Brands sells 67% stake in Brazil ops for R$1.4B (~$243M) to Vinci Partners

## Summary
- Enterprise value of Brazil ops set at R$2.06B; purchase price for 67% is R$1.4B (~$243M), paid 52% at close, 48% one year later.
- Closing expected on or before Dec 31, 2024; Bloomin' retains 33% indirect interest.
- Post-closing, Brazil restaurants operated as unconsolidated franchisees under amended franchise agreements.
- Buyer is fund managed by Vinci Partners; shareholders agreement includes put-call mechanism from 2028.
- Seller uses FX forward contracts to mitigate exchange rate risk; proceeds subject to working capital adjustments.

## SEC filing metadata
- accession: 0001193125-24-253707
- form_type: 8-K
- ticker: BLMN
- cik: 0001546417
- company_name: Bloomin' Brands, Inc.
- filed_at: 2024-11-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1546417/000119312524253707/0001193125-24-253707-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1546417/000119312524253707/d861629d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-253707
- JSON: https://secwatch.observer/filing/0001193125-24-253707.json
- Plain text: https://secwatch.observer/filing/0001193125-24-253707.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.