02:19 PM EST, 02/13/2025 (MT Newswires) -- An investment fund backed by a member of Qatar's royal family is mulling a takeover of Papa John's International (PZZA), Semafor reported Thursday, citing people familiar with the matter.

Irth Capital Management is discussing a take-private bid for $1.4 billion Papa Johns ( PZZA ) with its advisers, the publication said.

Papa John's did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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