Papa John's International Inc PZZA:NASDAQ

Last Price$84.98NASDAQ Closing Price as of 4:00PM ET 5/26/22

Today's Change+1.93(2.32%)
Bid (Size)$84.25 (1)
Ask (Size)$90.02 (16)
Day Low / High$82.29 - 86.10
Volume675.1 K

Papa John's International, FountainVest Partners to Work Together to Open Stores in South China

6:43AM ET 1/07/2022 MT Newswires
Papa John's International (PZZA) said Friday it has entered into a collaboration with private equity firm FountainVest Partners to open over 1,350 new stores across South China by 2040.

The private equity firm has also bought a majority stake in Papa John's franchisee CFB Group, which owns and runs about 160 restaurants in Shanghai and across southern China. Financial details of the transaction were not disclosed.