Jacob Smith17 Jun 2026Yum! Brands has announced the sale of Pizza Hut in a deal valued at approximately $2.7 billion. Private equity firm LongRange Capital will acquire operations outside mainland China, while Yum China Holdings will take control of the chain’s business within China. Company executives said the move positions Pizza Hut for future growth by placing the brand under owners with specialized expertise in re4 likes4 comments#restaurants#yumbrands#corpo#pizzahut#business