Domino’s Pizza to exit foreign markets

Wild: We have concluded that while they represent attractive markets, we are not the best owners of these businesses. — Bloomberg

LONDON: Domino’s Pizza Group Plc, Britain’s biggest pizza delivery company, says it will quit its loss-making international operations, sending shares higher in early trade.

The decision to exit four European markets comes a few months after the company announced CEO David Wild would retire, in the midst of a row with disgruntled franchisees in the United Kingdom and Ireland over commercial terms.