Yum! Brands Sells Pizza Hut Division in $2.7 Billion Deal
Yum! Brands has agreed to sell its Pizza Hut division, excluding Mainland China, to LongRange Capital for $1.5 billion and will transfer the Chinese operations to Yum China Holdings for $1.2 billion. The transactions are expected to close in Q3 2026 and aim to streamline Yum!'s business focus.
Topics: corporate restructuring fast food private equity acquisition