By Michele Maatouk
Date: Tuesday 16 Jun 2026
(Sharecast News) - Yum Brands said on Tuesday that it has agreed to sell Pizza Hut for $2.7bn in two separate transactions.
The company will sell Pizza Hut excluding mainland China to private equity firm LongRange for $1.5bn, while the mainland China business will be sold to Yum China for $1.2bn.
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