Deal focus: Allegro reheats the pie
Allegro Funds has exited Pizza Hut Australia to a US trade buyer, having won over a franchisee network that had turned on Yum Brands, upgraded the digital offering, and doubled network sales
Eight years ago, relations between Yum Brands and the sub-franchisees responsible for operating Pizza Hut restaurants in Australia had soured to the extent that the latter launched a class action lawsuit...
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