Struggling restaurant chain Pizza Hut is set to be offloaded to private equity by its owner Yum Brands in a $2.7bn deal.

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…

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

LongRange Capital deve concluir negociação até setembro e só não adquire restaurantes na China