Optimistic
Last updated: 2026-06-18 12:35:51 ET
“They struggled to figure out what the next big thing was,” an analyst says in the wake of a recently announced private-equity buyout.
Pizza Hut is getting a new owner: private equity firm LongRange buys chain in $1.5 billion deal
Yum! Brands sells Pizza Hut for $2.7 billion. 🍕💰
The decision comes after a prolonged period of difficulty for the chain, which has faced increasing competition from a range of rivals.
Yum! Brands on Tuesday announced it is selling Pizza Hut for $2.7 billion, after years of the flailing pizza chain weighing on its earnings.
Yum China will acquire Pizza Hut’s locations in mainland China. The private equity firm LongRange Capital will buy its locations in the United State...
Yum! Brands, parent company of KFC and Taco Bell, to sell Pizza Hut as it faces dated stores and growing competitionThe struggling Pizza Hut restauran...
The sale will split ownership of the pizza chain between a U.S.-based private equity firm and a Chinese restaurant company.
Yum Brands is selling Pizza Hut, capping off years of struggles for the pizza chain.
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