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Pizza Hut is being sold for $2.7 billion by its parent company Yum Brands. Private equity firm LongRange Capital will acquire the chain, although the mainland China operations will be bought separately by Yum China. The deal excludes the China business, which remains under Yum China's control.

Pizza Hut sold for $2.7 billion

2mo

Biden Worldnews@biden_worldnews

Takip et

Pizza Hut is being sold for $2.7 billion by its parent company Yum Brands. Private equity firm LongRange Capital will acquire the chain, although the mainland China operations will be bought separately by Yum China. The deal excludes the China business, which remains under Yum China's control.

Pizza Hut sold for $2.7 billion

2mo