May 18, 2017 / 12:19 PM / 2 months ago

BRIEF-Pizza Hut Canada enters into development arrangement with Franchise Management

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May 18 (Reuters) - Yum! Brands Inc

* Pizza Hut Canada - entered into a development arrangement with Franchise Management Inc.

* Pizza Hut Canada - FMI has agreed to purchase 38 existing Pizza Hut restaurants in Quebec and Greater Ottawa/Kingston region in the next 5 years

* Pizza Hut Canada - FMI also agreed to add new DELCO (delivery/carry out) model stores in eastern Canada over coming five years Source text for Eikon: Further company coverage:

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