(Reuters) – Pizza Hut’s Russian-owned franchise was purchased by Noi-M, Russian business newspaper Kommersant reported. The purchase cost 300 million roubles (4.92 million).

Noi-M was founded by Rosinter Russian restaurant group, the Russian operator of T.G.I. and Costa Coffee. Friday’s.

Pizza Hut will rebrand its 50 Russian locations, but the new owners are still deciding on a name.

Franchiser Amrest bought the Russia brand after Yum! Pizza Hut’s owner Yum! After Russia’s deployment of troops in Ukraine, Brands (NYSE;) stated in March it would suspend operations in Russia and transfer restaurants to local owners.