BofA to Seek $800M in Deal to Sell Pizza Assets

BofA to Seek $800M in Deal to Sell Pizza Assets

dz/DZIMAGES/Newscom

Bank of America Corp., the lender divesting assets to raise capital, is in exclusive talks to sell its stake in the biggest U.S. Pizza Hut franchisee for more than $800 million, said two people with knowledge of the discussions.