Struggling Pizza Hut chain to be sold for $2.7bnThe decision comes after a prolonged period of difficulty for the chain, which has faced increasing competition from a range of rivals.3 hrs agoBusiness

Struggling Pizza Hut chain to be sold for $2.7bnThe decision comes after a prolonged period of difficulty for the chain, which has faced increasing competition from a range of rivals.3 hrs agoBusiness

💰 Economy
Summary

Pizza Hut, a struggling pizza chain, is set to be sold for $2.7 billion following a prolonged period of difficulty due to increased competition from rival chains. The sale marks a significant shift in the company's ownership, as it navigates a challenging market with intense competition in the fast-food industry.

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