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Yum! Seeks To Re-Franchise UK Pizza Hut Chain

The US restaurant owner, which owns brands including KFC and Taco Bell, is seeking to create a “master franchisee” for its Pizza Hut chain in the UK by selling to a single buyer. Approximately 80% of Yum! businesses worldwide are operated as franchises. A buyer of the 700-strong UK chain would be able to re-franchise outlets to other parties as part of the deal.

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