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Yum Sells Pizza Hut for $2.7B
Published 3 days, 4 hours ago
Description
Yum Brands is selling Pizza Hut for $2.7 billion, splitting the deal: Yum China gets China for $1.2B, Long Range Capital takes the rest for $1.5B. This strategic move lets Yum focus on its stronger brands, Taco Bell and KFC, as inflation and consumer caution squeeze the fast-food market. The sale, expected to close by Q3 2026, signals a major pivot as chains adapt to tougher economic times.
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