Yum Brands Sells Pizza Hut to LongRange Capital and Yum China for $2.7 Billion
Yum Brands has announced the sale of its Pizza Hut division to a partnership comprising private equity firm LongRange Capital and Yum China. The transaction is valued at $2.7 billion, marking a significant strategic move for the global fast-food conglomerate. This divestiture follows what have been described as years of operational struggles for the Pizza Hut brand.
Yum Brands has entered into an agreement to sell its Pizza Hut restaurant chain. The purchasers are private equity firm LongRange Capital and Yum China, with the transaction valued at $2.7 billion.
This divestiture by Yum Brands reportedly follows a period characterized by years of struggles for the Pizza Hut chain. The sale represents a significant strategic shift for Yum Brands concerning its portfolio of global restaurant assets.
According to CNBC Business, the move aims to address the challenges faced by Pizza Hut, allowing Yum Brands to refine its operational focus.



