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Yum Brands in talks to sell Pizza Hut to LongRange Capital
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Yum Brands in talks to sell Pizza Hut to LongRange Capital
New Delhi: Yum Brands is in exclusive discussions to sell its Pizza Hut business to private-equity firm LongRange Capital, according to a Reuters report. The report said the two parties are progressing in negotiations and a deal could be reached within the next few weeks, although there is no certainty that an agreement will be finalised. The potential transaction comes at a challenging time for the fast-food industry, which continues to grapple…
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