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Yum Brands Completes $1.5 Billion Sale of Pizza Hut Outside China
Filed with the SEC on · Summarized by InvestorsBot
Yum Brands completed the sale of its global Pizza Hut business outside Mainland China to LongRange Capital on September 1, 2026, for approximately $1.5 billion, subject to adjustments, with a potential $75 million earn-out by 2030. Combined with the August 7 sale of Pizza Hut China to Yum China, the transactions total $2.7 billion and mark Yum’s exit from Pizza Hut as it focuses on KFC, Taco Bell and Habit Burger & Grill.