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Yum! Will Sell Struggling Pizza Hut for $2.7 Billion

Yum! Will Sell Struggling Pizza Hut for $2.7 Billion
Bloomberg Markets Tuesday 16 June 2026, 14:19 UTC 1 min read
Key Points

Will Sell Struggling Pizza Hut for $2.7 Billion Yum! Brands is selling the chain to private equity firm LongRange Capital. The deal is expected to close in the third quarter.

Jun 16th, 2026 Yum! Will Sell Struggling Pizza Hut for $2.7 Billion Yum! Brands is selling the chain to private equity firm LongRange Capital. The deal is expected to close in the third quarter. Yum! will now focus more on its better-performing Taco Bell and KFC chains. Michael Halen of Bloomberg Intelligence is on "Bloomberg Open Interest."
Pizza Hut (ORG) LongRange Capital (ORG) Taco Bell (ORG) KFC (ORG) Michael Halen (PERSON) Bloomberg Intelligence (ORG)
Originally published by Bloomberg Markets Read original →

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