Yum Brands announced plans to sell Pizza Hut for $2.7 billion, citing struggles in the competitive fast-food market and cautious consumer spending as key challenges.
LongRange Capital will acquire Pizza Hut's international operations outside mainland China
Jun 16, 2026
06:56 pm
What's the storyYum Brands, the parent company of Pizza Hut, has announced its decision to sell the iconic pizza chain for $2.7 billion.
Under the terms of the agreement, private equity firm LongRange Capital will acquire Pizza Hut's international operations outside mainland China.
Yum Brands is selling Pizza Hut, capping off years of struggles for the pizza chain.
Yum! Brands is selling Pizza Hut in two deals worth $2.7 billion. The company said Tuesday that private equity firm LongRange…
The sale will split ownership of the pizza chain between a U.S.-based private equity firm and a Chinese restaurant company.
The struggling Pizza Hut restaurant chain will be sold for $2.7 billion by parent company Yum! Brands, the corporation announced…
LongRange Capital takes the U.S. and international business for $1.5B; Yum China gets the mainland for $1.2B — as the chain…
Yum Brands sells Pizza Hut to LongRange Capital for $1.5 billion, while China ops go to Yum China for $1.2 billion, boosting…
