Two of the US’s best-known pizza chains, Papa John’s and Pizza Hut, are moving closer to potential ownership changes amid private equity interest as separate sale processes gather momentum, according to a report by Bloomberg citing unnamed people familiar with the discussions.

American Industrial Partners has struck a deal to acquire Avanos Medical in a take-private transaction valued at roughly $1.27bn, reflecting the firm’s focus on scaling healthcare platforms with differentiated product portfolios, according to a report by Reuters.

Tory Burch LLC is preparing to fund a partial management buyout of private investment firm General Atlantic’s long-held stake in the business through a leveraged financing package expected to total around $700m, according to a report by Bloomberg.

Italian luxury sneaker brand Golden Goose Group has priced an €880m bond issuance to help finance its acquisition by Chinese private equity firm HSG, in a transaction closely watched as sentiment across the luxury sector remains uneven, according to a report by Bloomberg.

Private equity firm TPG is nearing a deal to acquire Learfield, a major player in college sports media rights and technology, in a transaction valued between $1.8bn and $2bn, according to a report by Sports Business journal citing unnamed sources familiar with the matter.

Leonard Green & Partners is close to acquiring construction and infrastructure consultancy Cumming Group from New Mountain Capital in a deal valued at approximately $3bn including debt, according to a report by the Financial Times citing unnamed people familiar with the matter.

I Squared Capital is reportedly partnering with Blackstone on a potential offer for Ströer SE’s core advertising business, marking a renewed push into the German media group after an earlier attempt stalled, according top a report by Bloomberg.