https://www.live-feeds.com/feed/yum-brands-sells-struggling-pizza-hut-in-2-7-billion-dealContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/yum-brands-sells-struggling-pizza-hut-in-2-7-billion-dealhttps://www.live-feeds.com/feed/yum-brands-sells-struggling-pizza-hut-in-2-7-billion-deal#u21946Thu, 02 Jul 2026 23:07:52 +0000Yum! Brands announced Tuesday the sale of Pizza Hut in a $2.7 billion deal. Ownership will be split between a Chinese restaurant company and a U.S. private equity firm. The sale excludes the mainland China business.What's confirmed:Yum! Brands is selling Pizza Hut in a $2.7 billion deal.Ownership of the chain will be split between a U.S. private equity firm and a Chinese restaurant company.Still unconfirmed:The sale follows the announcement of hundreds of store closures.Yum! Brands will use the proceeds to authorize a $4 billion share buyback program.LongRange Capital and Yum China are the spe https://www.live-feeds.com/feed/yum-brands-sells-struggling-pizza-hut-in-2-7-billion-dealhttps://www.live-feeds.com/feed/yum-brands-sells-struggling-pizza-hut-in-2-7-billion-deal#u15819Sat, 27 Jun 2026 12:56:53 +0000Yum! Brands is selling Pizza Hut in a $2.7 billion split deal to LongRange Capital and Yum China. The move follows years of weak U.S. sales. Yum! Brands will use the proceeds to authorize a $4 billion share buyback program.What's confirmed:Yum! Brands is selling Pizza Hut for $2.7 billion.The sale involves a split deal with LongRange Capital and Yum China.Yum! Brands authorized a $4 billion share buyback program following the agreement.Still unconfirmed:Pizza Hut plans to shutter 250 U.S. stores.The chain is testing retro-inspired dine-in redesigns to revive the restaurant experience. https://www.live-feeds.com/feed/yum-brands-sells-struggling-pizza-hut-in-2-7-billion-dealhttps://www.live-feeds.com/feed/yum-brands-sells-struggling-pizza-hut-in-2-7-billion-deal#u10551Wed, 24 Jun 2026 00:51:11 +0000Yum! Brands is selling its entire Pizza Hut business for $2.7 billion. LongRange Capital will acquire operations outside mainland China, while Yum China Holdings takes over China operations. The company will shift its focus to KFC, Taco Bell, and Habit Burger & Grill.What's confirmed:Yum! Brands is selling Pizza Hut for $2.7 billion.LongRange Capital is purchasing Pizza Hut operations outside mainland China.Yum China Holdings is acquiring the China operations.The transaction is expected to close in the third quarter of 2026.Yum! Brands will focus on KFC, Taco Bell, and Habit Burger & G https://www.live-feeds.com/feed/yum-brands-sells-struggling-pizza-hut-in-2-7-billion-dealhttps://www.live-feeds.com/feed/yum-brands-sells-struggling-pizza-hut-in-2-7-billion-deal#u3627Thu, 18 Jun 2026 19:02:52 +0000Yum! Brands announced Tuesday the sale of Pizza Hut for approximately $2.7 billion. The company intends to focus on capital allocation and its other brands, KFC and Taco Bell. The move follows a period of declining sales for the pizza chain.What's confirmed:Yum! Brands entered definitive agreements on Tuesday to sell Pizza Hut for approximately $2.7 billion.The sale follows years of lagging sales at the chain.Yum! Brands will focus on its remaining brands, KFC and Taco Bell. https://www.live-feeds.com/feed/yum-brands-sells-struggling-pizza-hut-in-2-7-billion-dealhttps://www.live-feeds.com/feed/yum-brands-sells-struggling-pizza-hut-in-2-7-billion-deal#u3626Thu, 18 Jun 2026 19:02:45 +0000Yum! Brands has agreed to sell Pizza Hut in two separate deals totaling $2.7 billion. Yum China Holdings, Inc. will take over mainland China locations. LongRange Capital will acquire the United States and all remaining international operations.What's confirmed:Yum! Brands is selling Pizza Hut for a total of $2.7 billion.Yum China will acquire Pizza Hut locations in mainland China.LongRange Capital will purchase the United States and other remaining locations.The sale follows a period of declining sales for the chain.Still unconfirmed:Rising costs and weak demand contributed to the sale.The cha https://www.live-feeds.com/feed/yum-brands-sells-struggling-pizza-hut-in-2-7-billion-dealhttps://www.live-feeds.com/feed/yum-brands-sells-struggling-pizza-hut-in-2-7-billion-deal#u3164Thu, 18 Jun 2026 09:46:55 +0000Yum! Brands has entered definitive agreements to sell Pizza Hut for an aggregate of $2.7 billion. The sale splits the chain between LongRange Capital and Yum China Holdings, Inc. This move follows a strategic review of the brand amid delivery competition and declining sales.What's confirmed:Yum! Brands entered definitive agreements to sell Pizza Hut for $2.7 billion in the aggregate.LongRange Capital will acquire Pizza Hut excluding Mainland China for $1.5 billion.Yum China Holdings, Inc. will acquire Pizza Hut in Mainland China in a separate transaction.The board approved an incremental $4 bi