Chinese firm buys Pizza Express
Source: Agencies |
July 14, 2014, Monday
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Print Edition
Print Edition
Pizza Express, one of Britain’s best-known chain restaurants, has been sold to a Chinese private equity firm for about 900 million pounds (US$1.5 billion).
Gondola Group, which also owns other British restaurant chains, said it agreed to the sale with Hony Capital on Saturday in the latest example of Chinese investment in European companies.
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