Chinese firm buys UK's Pizza Express chain

By AP

Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report.

Gondola Group, which also owns other British restaurant chains, said it agreed to the sale with Hony Capital on Saturday in the latest example of Chinese investment in European companies.

Pizza Express, one of Britain's best-known chain restaurants, has been sold to a Chinese private equity firm for about STG900 million ($A1. 64 billion).

Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website.

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Read more here: Business Spectator

    

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