Chinese firm buys Pizza Express

  Pizza Express, one of Britain’s best known chain restaurants, has been sold to a Chinese private equity firm for about STG900 million ($A1.64 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. Pizza Express has 436 restaurants in the UK along with 68 internationally, including 22 in China. The chain’s CEO, Richard Hodgson, said Asia

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