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Yum China takes full slice of Pizza Hut China in US$1.2 billion deal
Acquisition turns Yum China from Pizza Hut licensee into owner as the chain targets faster growth.
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global.chinadaily.com.cn
Yum China set to take control of Pizza Hut brand on mainland
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 strategic shift that would eliminate ongoing royalty…
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apnews.com
Struggling Pizza Hut restaurant chain will be sold for $2.7 billion
Yum! Brands is selling Pizza Hut in two deals worth $2.7 billion. The company said Tuesday that private equity firm LongRange Capital is buying Pizza Hut, excluding the mainland…
