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NASDAQ:YUMC 16 June 2026 - 22 June 2026

Yum Brands Sells Pizza Hut in $2.7 Billion Deal

Yum Brands Sells Pizza Hut in $2.7 Billion Deal

Louisville, Kentucky, June 16, 2026, 19:05 Yum! Brands is set to unload Pizza Hut in a $2.7 billion split. Most of Pizza Hut will go to LongRange Capital, while Yum China Holdings takes over the China business. The Louisville-based parent said it reached firm deals following its review, which kicked off in November 2025. The agreement puts Pizza Hut outside mainland China in LongRange’s hands for about $1.5 billion. Yum China will pay around $1.2 billion for the mainland business.
16 June 2026
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