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Yum Unloads Pizza Hut Chain As Private Equity Takes On Turnaround Challenge

Yum Unloads Pizza Hut Chain As Private Equity Takes On Turnaround Challenge Yum! Brands agreed to sell its iconic Pizza Hut chain for $2.7 billion following a strategic review, separating the struggling pizza brand from its broader restaurant portfolio, which includes KFC, Taco Bell, and The Habit Burger Grill. LongRange Capital will acquire Pizza Hut's business outside China for $1.5 billion, while Yum China will buy the China business for $1.2 billion. Both transactions are expected to close in the third quarter. The Stamford, Connecticut-based private equity firm typically invests in...
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May 21, 2026 / Tyler Durden
Iran's Drones, Defense Base Being Restored 'Faster Than Expected' Amid Extended Ceasefire: US Intelligence
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Apr 17, 2026 / Tyler Durden
Record Share Of Home Sellers Cut Listing Prices In February: Report
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Sep 30, 2026 / Tyler Durden
US Ambassador Sparks Firestorm After Telling Greek Minister Washington Can Topple Any Government
US Ambassador Sparks Firestorm After Telling Greek Minister Washington Can Topple Any Government US Ambassador to Greece Kimberly Guilfoyle has set off a firestorm of diplomatic controversy over unusually blunt remarks centered on Greece's government and US policy. It also raised questions of US covert 'influence operations' and regime change activities. The words issued by the former Fox News host were picked up by The Wall Street Journal, which described that the alleged remark was made during a March dinner in Athens. Greek Energy Minister Stavros Papastavrou was said to be at the...
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