Yum completes sale of Pizza Hut to LongRange Capital
Yum Brands completed selling the global Pizza Hut business, excluding Mainland China, to LongRange Capital for approximately $1.5 billion. This transaction marks the conclusion of Yum's strategic divestiture, completing the sale of Pizza Hut for $2.7 billion in aggregate with Yum China.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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