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Maroc Maroc - EN.YPAGENCY.NET - A La Une - 01/Oct 21:43

Turkey: KFC, Pizza Hut chains go bankrupt due to boycott

ANKARA, Oct. 02 (YPA) – ‘Ish Gada,’ the operating company for the KFC and Pizza Hut restaurant chains in Turkey, has officially declared bankruptcy due to accumulated debts totaling 4.4 billion Turkish Lira. The company had previously filed for a bankruptcy settlement procedure (concordat), but the legal proceedings concluded with the official declaration of insolvency. […]

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