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Yum Brands Sells Pizza Hut for $2.7 Billion

Yum Brands has announced the sale of its struggling Pizza Hut chain for $2.7 billion in two separate deals. The move aims to revitalize the pizza franchise, which has faced declining performance.

16 Jun, 08:09 — 16 Jun, 17:19
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16 sources33/33
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FTexpress-tribune
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Right (4)
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zerohedgeDaily Sabah
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Sources

Showing 10 of 16 sources
BBCHigh4h ago

Struggling Pizza Hut chain to be sold for $2.7bn

The decision comes after a prolonged period of difficulty for the chain, which has faced increasing competition from a range of rivals.

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NYTMostly Factual5h ago

Pizza Hut Sold to Two Firms for $2.7 Billion

Yum China will acquire Pizza Hut’s locations in mainland China. The private equity firm LongRange Capital will buy its locations in the United States and elsewhere.

By Julie Creswell

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FTVery High8h ago

Yum Brands to offload Pizza Hut in $2.7bn deal

KFC and Taco Bell owner to sell bulk of fast-food chain to private equity group

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The GuardianMostly Factual7h ago

Struggling Pizza Hut restaurant chain to be sold in two deals worth $2.7bn

Yum Brands is selling the pizza chain as it struggles with outdated stores and growing competition The struggling Pizza Hut restaurant chain will be sold for $2.7bn by parent company Yum Brands. Yum Brands said in February that it was considering selling Pizza Hut and the chain looked to close 250 US restaurants. The pizza chain has struggled with outdated stores and growing competition. Continue reading...

By Associated Press

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cnbcMostly Factual9h ago

Yum Brands sells Pizza Hut to private equity firm LongRange Capital for $2.7 billion

Yum Brands is selling Pizza Hut, capping off years of struggles for the pizza chain.

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The IndependentMostly Factual9h ago

Pizza Hut to be sold by Yum! Brands in $2.7 billion deal

The company expects both transactions to close in the third quarter of 2026

By Brittney Donovan

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YahooMostly Factual7h ago

Yum Brands to Sell Pizza Hut for $2.7 Billion

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express-tribuneMostly Factual13h ago

Yum Brands to sell Pizza Hut for $2.7 billion after prolonged demand slump

US pizza chains face weak demand as inflation, high costs and GLP-1 drugs push healthier eating

By Reuters

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zerohedgeLow8h ago

Yum Unloads Pizza Hut Chain As Private Equity Takes On Turnaround Challenge

Yum Unloads Pizza Hut Chain As Private Equity Takes On Turnaround Challenge Yum! Brands agreed to sell its iconic Pizza Hut chain for $2.7 billion following a strategic review, separating the struggling pizza brand from its broader restaurant portfolio, which includes KFC, Taco Bell, and The Habit Burger Grill. LongRange Capital will acquire Pizza Hut's business outside China for $1.5 billion, while Yum China will buy the China business for $1.2 billion. Both transactions are e...

By Tyler Durden

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Daily SabahMixed9h ago

Struggling Pizza Hut chain to be sold for $2.7B by Yum! Brands

The struggling Pizza Hut restaurant chain will be sold for $2.7 billion by parent company Yum! Brands, the corporation announced on Tuesday. Private equity firm LongRange Capital...

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Coverage Timeline

First report: express-tribune · 16 Jun, 08:09Full coverage: 16 · 12hWindow: 12h
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