Struggling Pizza Hut snapped up by private equity in $2.7bn deal
City AM
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Most of the pizza giant’s global operations will be sold to Long Range Capital just months after 250 restaurants were put on the chopping block.
Pizza Hut’s locations in mainland China are excluded https://www.cityam.com/struggling-pizza-hunt-snapped-up-by-private-equity-in-2-7bn-deal/">[...]
Yum Brands Sells Pizza Hut for $2.7 Billion
- Yum Brands to sell Pizza Hut for $2.7 billion RTE —
- Pizza Hut Sold for $2.7B As Chain Faces Falling Sales Newsweek —
- Yum Brands to sell struggling Pizza Hut chain for $2.7-billion The Globe and Mail —
- Major national pizza chain sold for $2.7 billion al.com —
- Yum Brands to offload Pizza Hut in $2.7bn deal Financial Times —