, Australia

Pizza Hut Australia owners on the hunt for targets with ‘wrinkles’: report

Founding partner Chester Moynihan thinks there is fertile ground for private equity over the next few months, according to the Financial Review.

Private equity group Allegro, which owns Pizza Hut’s Australian operations, is eyeing buyout targets with “wrinkles” as it prepares to deploy $600 million raised from about 35 investors in a new fund. Read the full report here.

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