Yum Brands agrees to sell Pizza Hut for $2.7 billion

Yum! Brands, Inc.

Yum! Brands, Inc.

YUM

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  • Yum! Brands agreed to sell Pizza Hut for USD 2.7 billion in two deals, splitting Mainland China from the rest of the business.
  • LongRange Capital will buy Pizza Hut outside Mainland China for about USD 1.5 billion, with a potential USD 75 million earn-out by 2030.
  • Yum China will acquire Pizza Hut in Mainland China for about USD 1.2 billion.
  • Net proceeds expected at about USD 2.3 billion, excluding the earn-out; separation costs estimated at about USD 85 million in 2026.
  • Closings targeted for Q3 2026; Yum! also authorized an additional USD 4 billion share repurchase program.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. YUM! Brands Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202606160800BIZWIRE_USPR_____20260616_BW676636) on June 16, 2026, and is solely responsible for the information contained therein.

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