Yum! Brands Sells Pizza Hut for $2.7 Billion in Strategic Shift
Yum! Brands (YUM) announced on June 16, 2026, that it has agreed to sell its iconic Pizza Hut chain for a total of $2.7 billion. The sale is part of the company's strategic shift toward focusing resources and growth efforts on faster-growing brands like KFC and Taco Bell.
Tickers: $YUM
Topics: divestment fast food restaurant industry strategic shift