LongRange Capital

Pizza Hut was sold by Yum Brands to private equity firm LongRange Capital for $1.5 billion, with Yum China acquiring mainland China locations for $1.2 billion. The chain has struggled against competitors like Domino’s, closing hundreds of locations in recent years.

Pizza Hut is being sold by Yum Brands for $2.7 billion, with LongRange Capital acquiring the non-China business and Yum China Holdings Inc. purchasing the mainland China operations. The sale follows declining sales, competition from delivery services like DoorDash and Uber Eats, and a shift away from large dine-in restaurants.

Yum! Brands sold Pizza Hut in a $2.7 billion deal to private equity firm LongRange Capital and Yum China Holdings. LongRange will acquire Pizza Hut outside mainland China for $1.5 billion, while Yum China will take the mainland China business for $1.2 billion. Yum! Brands will refocus on KFC, Taco Bell, and Habit Burger.

Yum! Brands will sell Pizza Hut for $2.7 billion, with LongRange Capital acquiring non-China operations and Yum China purchasing Chinese operations. The sale follows years of stagnant US sales and marks the first change in Pizza Hut's ownership since 1977.

Pizza Hut, a 68-year-old chain struggling with competition and outdated restaurants, is being sold by Yum Brands to LongRange Capital for $2.7 billion, with the mainland China business excluded and the transaction valued at $1.5 billion. The sale reflects challenges from the rise of delivery culture.

Yum! Brands is selling Pizza Hut for $2.7 billion, with LongRange Capital acquiring most global operations and Yum China taking over the China business due to declining sales. Americans are increasingly using 401(k) savings for emergencies, weakening retirement security. A consulting firm retracted an AI-related report containing hallucinations and inaccurate claims about organizations.

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.

Pizza Hut's parent company Yum Brands sold the chain in two separate deals totaling $2.7 billion. LongRange Capital acquired most Pizza Hut locations for $1.5 billion, while Yum China purchased mainland China locations for $1.2 billion.

Yum Brands is selling Pizza Hut for $2.7 billion, with LongRange Capital acquiring the U.S. and other regions for $1.5 billion and Yum China Holdings Inc. purchasing the mainland China business for $1.2 billion. The sale follows declining sales and plans to close 250 U.S. restaurants due to outdated stores and competition.

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.

Pizza Hut, a struggling restaurant chain owned by Yum Brands, is being sold for $2.7 billion. The sale includes $1.5 billion for the non-China business to LongRange Capital and $1.2 billion for the mainland China operations to Yum China Holdings Inc. The chain has faced declining sales, outdated stores, and competition.

Yum Brands is selling Pizza Hut for $2.7 billion, with LongRange Capital acquiring the non-China business for $1.5 billion and Yum China Holdings Inc. purchasing the mainland China operations for $1.2 billion. The sale follows Pizza Hut's struggles with outdated stores and declining U.S. sales, including plans to close 250 U.S. restaurants.

Yum Brands is selling Pizza Hut, excluding its mainland China operations, to LongRange Capital for $1.5 billion and Yum China Holdings Inc. for $1.2 billion. The total transaction amounts to $2.7 billion.

Yum Brands will sell Pizza Hut for $2.7 billion, with LongRange Capital acquiring the non-China business for $1.5 billion and Yum China Holdings Inc. purchasing the mainland China operations for $1.2 billion. The sale follows Pizza Hut's struggles with outdated stores and competition, including plans to close 250 U.S. locations.