Pizza Hut's parent company has announced the sale of the chain for $2.7 billion. This decision follows a prolonged period of challenges for the brand, which has encountered heightened competition from various rivals.
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Pizza Hut chain to be sold for $2.7 billion
Pizza Hut's parent company will sell the chain for $2.7 billion. The decision is a result of ongoing difficulties faced by the brand amid increasing competition.
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Struggling Pizza Hut chain to be sold for $2.7bn
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Pizza Hut chain to be sold for $2.7 billion