Pizza Express sells for £900m to Chinese investment group — theguardian.com

Pizza Express has been bought for £900m by a Chinese firm which plans to roll out the British restaurant chain in the world's most populous country. Hony Capital won an auction process ahead of Citic, another Chinese investment group, and four other private equity firms in what is the biggest European restaurant sector deal in the last five years. Pizza Express opened its first outlet in Beijing two months ago. It already has 12 restaurants in Hong Kong and nine in Shanghai.

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