Quote:
quote:Originally posted by Pennywise
Yum! Brands completes buyout of UK Pizza Hut chains
(BSIMagazine.com, 12 September 2006)
by Eric Schroeder
RELATED ARTICLE
Yum! Brands, Inc., Louisville, Kentucky, USA, has completed the purchase of the remaining 50% interest of its 541 Pizza Huts in the United Kingdom from Whitbread P.L.C. for US$184 million (€144 million) plus the assumption of US$25 million (€19.6 million) in certain debt and liabilities. Yum! Brands and Whitbread are longtime joint venture partners.
The transaction was first announced on 31 July.
Yum! Brands Inc. is the world’s largest restaurant company in terms of system restaurants with more than 34,000 restaurants, which includes more than 2,000 licensed restaurants, in more than 100 countries and territories.
RIGHT hope they BUY NZ Pizza Hut from RBD,, So we could start up a whole new chain of Fish & Chip Shops [Mr Chip of co****] and make a KILLING.. [8D]