BUSINESSQUARTZ
Yum Brands is selling Pizza Hut for $2.7 billion to shed its weakest brand
Yum Brands is selling Pizza Hut for $2.7 billion to divest its weakest brand. The transaction splits into two parts, with LongRange Capital acquiring most of the chain and Yum China obtaining its mainland China locations.
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- Yum Brands sells a shrinking Pizza Hut 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
- Struggling Pizza Hut restaurant chain will be sold for $2.7 billion
- Pizza Hut sold in 2 separate deals totaling $2.7 billion