With the $1.2 billion deal, the company moves from the chain’s franchisee to its owner, eliminating the need to pay licensing fees
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Yum China Holdings Inc. has agreed to take full ownership of the Pizza Hut brand on the Chinese mainland from Yum! Brands Inc. for $1.2 billion in cash.
On Tuesday, Yum China Holdings announced that it has entered into a definitive agreement to take full ownership of the Pizza Hut…
Yum China Holdings is moving to take full ownership of the Pizza Hut brand on the Chinese mainland in a $1.2 billion deal, a…
Acquisition turns Yum China from Pizza Hut licensee into owner as the chain targets faster growth.
Though the acquisition would mean full ownership of the restaurant brand in mainland China, the company’s stock price fell after…
Yum China acquires Pizza Hut China brand for $1.2B. CEO Joey Wat calls the deal a transformative milestone for menu and store…
Yum Brands has announced that it would sell its Pizza Hut chain for a combined $2.7 billion in two deals that highlight separate…
