Struggling Pizza Hut chain to be sold for $2.7B by Yum! Brands (opens original article in a new tab)

The struggling Pizza Hut chain will be sold for $2.7 billion by Yum! Brands, with LongRange Capital acquiring it excluding mainland China and Yum China Holdings Inc. purchasing the mainland China operations.

• Yum! Brands will sell Pizza Hut for $2.7 billion
• LongRange Capital buys Pizza Hut excluding mainland China for $1.5 billion
• Yum China Holdings Inc. purchases mainland China Pizza Hut for $1.2 billion