PizzaExpress

PizzaExpress pays the bill

PizzaExpress raises $1 billion to fund its LBO despite weakening markets and its new owner Hony talks to FinanceAsia about expansion plans.

British restaurant chain operator PizzaExpress has managed to swiftly raise £610 million ($1 billion) to fund a leveraged buyout by Chinese private equity firm Hony Capital despite weakening high-yield bond markets.

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