PE houses in final round for Pizza Hut
Risk Capital Partners, Endless and Rutland Partners are understood to be competing for Pizza Hut's UK restaurants business.
Restaurant operator Yum Brands - which also owns KFC and Taco Bell - reportedly put the business up for sale earlier in the year to better focus on opportunities in emerging markets. The chain's pizza delivery services are not part of the sale, according to reports.
A Pizza Hut spokesperson told unquote" that the sale was indeed at an advanced stage, and that the company had received significant interest from prospective investors.
None of the private equity houses were available for comment at this time.
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