Yum Brands Sells Pizza Hut for $2.7 Billion Amid Competitive Challenges
Yum Brands is selling its global Pizza Hut operations outside China to LongRange Capital and transferring mainland China's presence to Yum China Holdings in a combined deal worth $2.7 billion, expected to close by Q3 2026. The move follows strategic reviews of the brand’s performance amid struggles against delivery apps.
Topics: LongRange Capital Pizza Hut Private Equity Restaurant Industry Yum Brands