Papa John's reportedly draws interest from Qatari-backed fund
(Il Sole 24 Ore Radiocor) - Milano, 11 mar - A Qatari-backed investment fund has submitted a bid to take pizza chain Papa John's International private, the Wall Street Journal said, citing people familiar with the matter.
Papa Johns is reviewing the bid from Irth Capital Management, which includes backing from Brookfield Asset Management, the people told the Wall Street Journal.
Irth offered to pay 47 dollars per share for the business, the people said, which would value Papa Johns at around 1.5.
billion, according to the newspaper.
(RADIOCOR) 11-03-26 18:45:00 (0657) 5 NNNN