Yum! Brands sells Pizza Hut for $2.7 billion. 🍕💰
Yum! Brands sells Pizza Hut for $2.7 billion. 🍕💰
Last updated: 2026-06-18 12:36:00 ET
Yum! Brands sells Pizza Hut for $2.7 billion. 🍕💰
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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