Yum Brands sells Pizza Hut to private equity firm LongRange Capital for $2.7 billion

Pizza Hut sold to private equity firm for $2.7 billion after recent struggles

Long-struggling Pizza Hut, which abruptly closed most of its Northwest Indiana pizzerias in 2024, is being sold to private equity firms for $2.7 billion.

Popular Pizza Chain Gets SOLD For $2.7 Billion After Struggling In Recent Years

I wonder if the deal will make the pizza’s quality better. Yum! Brands the parent company of Pizza Hut announced it has sold the pizza chain for $2.7 billion. Pizza Hut was sold to two buyers one being from China and the other from the United States. CBS News reported more on the lucrative deal and the buyers behind it: Yum! Brands said Tuesday that it is selling Pizza Hut in a $2.7 billion deal that will split ownership of the restaurant chain …

Pizza Hut's new owner also runs gyms and sells caskets, which is either a coincidence or the most complete business plan ever written

On June 16, Yum Brands agreed to sell Pizza Hut for $2.7 billion in a transaction that splits the chain between two buyers. LongRange Capital, a private equity firm based in Stamford, Connecticut, is paying about $1.5 billion for Pizza Hut’s operations everywhere outside mainland China. Yum China is paying about $1.2 billion for the ... Pizza Hut’s new owner also runs gyms and sells caskets, which is either a coincidence or the most complete bus…

Pizza Hut Sold For $2.7 Billion After Struggling Sales & Hundreds Of Restaurant Closures

Yum! Brands announced the sale of Pizza Hut in a $2.7 billion deal this week. The chain will be sold to two separate entities—China’s locations to a Chinese restaurant company, and the remainder to LongRange Capital, a private equity firm.

Pizza Hut being sold in $2.7 billion deal

(CNN)– Pizza Hut is being sold for $2.7 billion. Private equity firm Long-range Capital is buying the majority of the chain from Yum Brands excluding its restaurants in China. Those locations are being acquired by Yum China Holdings in a separate deal. The sale follows years of financial struggles for the pizza giant, which has been losing out to rivals like Domino’s and third-party delivery apps. Earlier this year, Pizza Hut announced the clos…

Pizza Hut restaurant chain to be sold for $2.7 billion

(ABC NEWS) — Pizza Hut, the 68-year-old chain that has long struggled with growing competition and outdated restaurants, will be sold for $2.7 billion by parent company Yum Brands. Yum Brands said Tuesday that the private equity firm LongRange Capital will buy Pizza Hut, excluding the mainland China business, for about $1.5 billion. In mainland China, Pizza Hut will be purchased by Yum China Holdings Inc. for approximately $1.2 billion, the comp…