BRIEF-Yum China To Acquire Ownership Of The Pizza Hut Brand In Mainland China

Yum! Brands, Inc.

Yum! Brands, Inc.

YUM

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June 16 (Reuters) - Yum China Holdings Inc 9987.HK:

  • YUM CHINA TO ACQUIRE OWNERSHIP OF THE PIZZA HUT BRAND IN MAINLAND CHINA

  • YUM CHINA - PIZZA HUT CHINA TO ELIMINATE LICENSE FEES TO YUM! BRANDS AFTER DEAL CLOSE

  • YUM CHINA - TARGETS OVER 6000 PIZZA HUT STORES BY 2028, DOUBLE OPERATING PROFIT BY 2029

  • YUM CHINA - YUM CHINA'S 2026 FULL YEAR FINANCIAL GUIDANCE REMAINS UNCHANGED

  • YUM CHINA - DEAL EXPECTED TO BE ACCRETIVE TO DILUTED EPS IN 2026, MID-SINGLE-DIGIT ACCRETIVE IN 2027-2028

  • YUM CHINA - TO FUND ACQUISITION WITH CASH AND DEBT FINANCING


Further company coverage: 9987.HK


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