LongRange Capital takes the U.S. and international business for $1.5B; Yum China gets the mainland for $1.2B — as the chain closes 250 American stores.

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