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Shares of Papa John’s closed 7.5% higher on news of the interest from Apollo and Irth, which was reported earlier on Wednesday by Semafor, giving the pizza chain a market value of $1.7 billion.

Shares popped 8% in late-day trading on the news. Why it matters: We previously questioned how Qatar-based Irth would finance a bid for Papa John’s, as it managed just $190 million as of Dec. 31.

Papa John’s International (PZZA) stock finished the session up 7.5%, after rising as much as 15% earlier in the day to its highest level since November. A Semafor report said that asset manager ...

Papa John's franchising model, which licenses branding and ingredients to independent operators, aligns with their typical investment strategies, the report further states. In 2018 and 2019, Papa ...

Shares of Papa John's (PZZA) were up 11.5% at 2:55 p.m. to $53.73 vs. the 52-week range of $30.16 to $60.75. Amid the takeover buzz, Papa John's (PZZA) has outperformed rival Domino's Pizza (DPZ ...

Investing.com -- Papa John’s (NASDAQ:PZZA) stock rose 6% after a report that Apollo Global Management (NYSE:APO) and a Qatari investment fund have made a bid to take the pizza chain private.

Papa John’s stock rose 7.4% in Wednesday trading in New York, the most since May 8. The stock had run up 17% for the year through Wednesday’s close, compared with a S&P Small Cap 600 Index ...

US pizza chain Papa John’s International plans to make its return to Indian market in 2025, while many Western brands rethink their plans as inflation hits consumer spending.

NEW YORK (Reuters) -Apollo Global Management and Irth Capital Management have approached Papa John's International for a deal that would take the U.S. pizza chain private, two people familiar with ...