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Yum Brands ($YUM) agreed to sell Pizza Hut for $2.7 billion as the chain faces tougher competition, weaker consumer demand, and pressure from rising costs. Yum China will acquire Pizza Hut's mainland China...
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Pizza Hut's parent company is selling the 68-year-old chain for $2.7 billion
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!...
Pizza Hut, excluding Mainland China, to be Acquired by LongRange Capital; Pizza Hut in Mainland China to be Acquired by Yum China Holdings, Inc. in Separate Transactions  Key highlights:...
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