In the news: Hony Capital buys PizzaExpress, three telecom companies form a JV and the WTO debates the role of SOEs in global trade

This week Hony Capital bought PizzaExpress for US$1.54 billion, China Mobile, China Unicom and China Telecom established a tower company and the WTO said the US broke its rules in imposing duties on Chinese exports

4 minute readJuly 18, 2014 at 03:39 AM

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Hony Capital buys PizzaExpress

Chinese private equity firm Hony Capital bought restaurant chain PizzaExpress for US$1.54 billion from London-based private equity firm Cinven, which owns Gondola Group. This marks one

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