Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from LongRange Capital

Pizza Hut: From $600 loan to 20,000 stores and the new $2.7 billion twist for the global empire

Pizza Hut, a nearly 70-year-old American icon, has been split in a $2.7 billion deal. Yum Brands is selling its international business outside China to LongRange Capital, while Yum China acquires the China operations. This division highlights Pizza Hut's contrasting fortunes globally and in China.

The Economic Times

Pizza Hut is getting the private equity treatment in a $2.7 billion deal as its owner offloads the brand that defined 1990s dining nostalgia

Yum Brands sold Pizza Hut to private equity firm LongRange Capital and Yum China Holdings Inc. for a combined $2.7 billion deal.

Fortune

Yum! Brands to sell Pizza Hut chain in £2bn deal

The move will see Yum sell the chain excluding Chinese operations to private equity firm LongRange Capital for 1.5 billion dollars (£1.1 billion).

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

US:Struggling Pizza Hut chain to be sold for $A3.8 billion

Pizza Hut will be sold for $US2.7 billion by parent company Yum Brands.

AAP

Struggling Pizza Hut chain to be sold for $A3.8 billion

Pizza Hut will be sold for $US2.7 billion by parent company Yum Brands.

AAP

Slice of the Pie: Why Yum’s Deal Lifts QSR

The recent strategic divestiture by Yum Brands establishes a highly lucrative valuation floor, positioning Restaurant Brands International for gains.

MarketBeat

Yum Brands in exclusive talks to sell Pizza Hut to LongRange Capital, source says

Yum Brands is reportedly in exclusive talks with private-equity firm LongRange Capital for a potential sale of its Pizza Hut chain. This move comes as the fast-food industry faces sustained demand weakness, rising inflation, and declining consumer sentiment. Pizza Hut has struggled to keep pace with other Yum Brands units,…

The Economic Times

Read news from The Economist, FT, and more,
with one subscription

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Restaurant Brands International

12 stories

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.