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Yum buys full Pizza Hut China for $1.2b
On Tuesday, Yum China Holdings announced that it has entered into a definitive agreement to take full ownership of the Pizza Hut brand on the Chinese mainland in a $1.2 billion deal, a strategic shift that will eliminate ongoing royalty payments to Yum Brands.
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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…
