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Chinese takeaway Pizza Express

13/07/2014

By Claire West

UK Gondola Group has confirmed the sale of Pizza Express to Chinese private equity firm Hony Capital for a reported £900 Million.

The Gondola Group also owns UK pizza chains Zizzi and ASK.

This is the latest in a string of deals where Chinese firms are snapping up British brands and assets.

Breakfast cereal Weetabix, luxury boat brand Sunseeker and even Manganese Bronze, the company that makes London taxis are all now in Chinese hands.
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