YUM news

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.

Yum Brands filed an amended China Master License Agreement with a new execution date, dated August 7, 2026. The agreement amends and restates the original Master License and engages Yum Restaurants Consulting (Shanghai) Company Limited.

Yum Brands has entered into definitive agreements to divest Pizza Hut, with LongRange Capital acquiring Pizza Hut ex-China for approximately $1.5 billion and Yum China acquiring Pizza Hut China for approximately $1.2 billion. The transaction enables Yum to focus on core brands while the board approv…

Yum China entered a definitive agreement to acquire ownership of the Pizza Hut brand in mainland China from Yum! Brands for $1.2 billion cash consideration, eliminating future license fees and providing greater strategic flexibility. The acquisition is transformative for Yum China's long-term growth…