Scrumptious deal: File photo of a Pizza Hut restaurant in New Orleans. The Telepizza deal will make Pizza Hut the largest pizza chain in Latin America and the Caribbean. — AP
BENGALURU: Yum Brands Inc’s Pizza Hut said it signed a franchise agreement with Madrid-based Telepizza Group SA, in a deal that would make the US company the largest pizza chain in Latin America and the Caribbean.
Telepizza will oversee nearly 1,000 Pizza Huts and contribute nearly 1,500 of its stores to Pizza Hut’s global unit count across all markets including Spain, Portugal and Switzerland.
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