Pizza Hut's Israel franchise chain has been sold for $2.7 billion, according to Israeli business journalist Lior Bakalo. No further details on the buyer or closing timeline have been released.
Israeli business journalist Lior Bakalo reported Tuesday evening that the Pizza Hut Israel franchise chain has been sold for $2.7 billion. The report, published via N12's the source, provided no additional details on the buyer, the seller, or the timeline for closing the deal. Pizza Hut Israel operates dozens of locations nationwide. The figure—$2.7 billion—would make this one of the largest restaurant-chain acquisitions in Israeli history, though the report remains single-sourced and unconfirmed by the companies involved.
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