BUSINESSWGN9 CHICAGO
Struggling Pizza Hut sold for $2.7 billion by parent Yum Brands
Yum Brands is selling Pizza Hut, excluding its mainland China business, to LongRange Capital for $1.5 billion. The mainland China Pizza Hut will be acquired by Yum China Holdings Inc. for $1.2 billion.
Mentioned
Related Signal
Adjacent reporting
- Struggling Pizza Hut sold for $2.7 billion by parent Yum Brands
- Struggling Pizza Hut restaurant chain will be sold for $2.7 billion
- Struggling Pizza Hut restaurant chain will be sold for $2.7 billion
- Struggling Pizza Hut restaurant chain will be sold for $2.7 billion
- Kraken Parent to Buy Reap for $600 Million
- Downdetector and Speedtest sold to Accenture for $1.2B