Pizza Hut once dominated American pizza. Now its U.S. business is being sold for $1.7 billion by parent company Yum!
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YUM is selling Pizza Hut in a $2.7B deal, aiming to streamline operations, boost flexibility and return more capital to shareholders.
Yum! Brands has sold Pizza Hut amid declining sales and market competition challenges. LongRange Capital and Yum China Holdings will acquire the iconic chain in a $2.7 billion deal.
Yum! Brands on Tuesday announced it is selling Pizza Hut for $2.7 billion, after years of the flailing pizza chain weighing on its earnings.
SHANGHAI, June 16, 2026 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today announced that it has entered into a definitive agreement with Yum! Br

Yum! Brands to sell Pizza Hut for $2.7B

07:53am, Tuesday, 16'th Jun 2026
Yum! Brands Inc (NYSE:YUM) announced on Tuesday that it has entered into definitive agreements to sell Pizza Hut for a combined value of approximately $2.7...
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Yum China (YUMC) reported earnings 30 days ago. What's next for the stock?

KFC's KPRO Tops 300 Locations in China

03:00am, Friday, 22'nd May 2026
SHANGHAI, May 22, 2026 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) announced that KFC's light-meal concept, KPRO, has surpassed 300 locations in
SHANGHAI, May 13, 2026 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that the Company has continued to be included in the Dow Jones
SHANGHAI, May 12, 2026 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) announced that it has entered into share repurchase agreements in the U.S. 
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Yum China's primary brands are KFC, Pizza Hut, and Taco Bell, of which it has exclusive rights to operate and sub-license in China (paying a 3% systemwide sales royalty back to its former parent compa
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