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[THE INVESTOR] Pizza Hut Korea on Aug. 22 denied reports saying the company was to be sold. Earlier in the day, a local daily had reported that Pizza Hut’s US headquarters was looking to sell its Korean operations.
Saying that related reports were groundless, Pizza Hut Korea said Korea remains an important market for the US company.
“(Selling Pizza Hut Korea) is not under consideration in any way,” Pizza Hut Korea said in a statement.
The company added that it plans to strengthen its Korean operations.
By Choi He-suk (cheesuk@heraldcorp.com)
Saying that related reports were groundless, Pizza Hut Korea said Korea remains an important market for the US company.
“(Selling Pizza Hut Korea) is not under consideration in any way,” Pizza Hut Korea said in a statement.
The company added that it plans to strengthen its Korean operations.
By Choi He-suk (cheesuk@heraldcorp.com)
