Yum Brands to sell Pizza Hut for $2.7B
Yum Brands to sell Pizza Hut for $2.7B
Source: The Signal
Date: 06/19/2026 12:51pm
Article Summary:
Yum Brands to Sell Pizza Hut for $2.7 Billion, Splitting Chain Between U.S. Private Equity Firm and Yum China
Yum Brands announced it will sell Pizza Hut in two deals totaling $2.7 billion, with LongRange Capital acquiring the chain’s operations outside mainland China for $1.5 billion and Yum China purchasing the mainland business for $1.2 billion. The move follows a strategic review as Pizza Hut has struggled with declining profits, store closures and increased competition, lagging behind Yum’s stronger brands like KFC and Taco Bell. Yum said the new ownership structure will better position the pizza chain for future growth in its respective markets.
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Date: 06/19/2026 12:51pm
Article Summary:
Yum Brands to Sell Pizza Hut for $2.7 Billion, Splitting Chain Between U.S. Private Equity Firm and Yum China
Yum Brands announced it will sell Pizza Hut in two deals totaling $2.7 billion, with LongRange Capital acquiring the chain’s operations outside mainland China for $1.5 billion and Yum China purchasing the mainland business for $1.2 billion. The move follows a strategic review as Pizza Hut has struggled with declining profits, store closures and increased competition, lagging behind Yum’s stronger brands like KFC and Taco Bell. Yum said the new ownership structure will better position the pizza chain for future growth in its respective markets.
Read article here »