Yum! Brands has sold Pizza Hut amid declining sales and market competition challenges. LongRange Capital and Yum China Holdings will acquire the iconic chain in a $2.7 billion deal.
SHANGHAI, June 16, 2026 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today announced that it has entered into a definitive agreement with Yum! Brands, Inc. ("Yum!
Yum! Brands Inc (NYSE:YUM) announced on Tuesday that it has entered into definitive agreements to sell Pizza Hut for a combined value of approximately $2.7...
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