Pizza Hut Australia announces sale to US-based Flynn Group
Fast-food giant Pizza Hut has been sold to an American franchise conglomerate in a shock move for thousands of Australian employees. US-based Flynn Group revealed on Thursday that it had purchased the Pizza Hut Australia licence from Sydney-based Allegro Funds. Pizza Hut Australia operates nearly 260 stores through Australia and employs about 4000 people. Chief … [Read more…]