Pizza Hut Splits From Yum! Brands

Yum! Brands is selling Pizza Hut in a $2.7 billion split-up: the global brand outside China goes to U.S. private equity firm LongRange Capital for $1.5 billion, while Pizza Hut China is sold to Yum! China for $1.2 billion. The move follows years of underperformance as Pizza Hut lost ground to Domino’s in delivery, marketing, and sales. Analysts say the brand needed heavy investment and long-term commitment — which Yum! wasn’t ready to give. Under new ownership, Pizza Hut aims for a fresh start, backed by experienced restaurant operators. The iconic brand, founded in 1958 and spun off from PepsiCo in 1997, is now entering a new chapter with different owners. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/bf1dfb6e16c16dbd