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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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Feb 28, 2026 / Tyler Durden
92% Of Illegal Arrivals At Spain's Canary Islands Are Men, And Half Of 'Unaccompanied Minors' Are Adults
92% Of Illegal Arrivals At Spain's Canary Islands Are Men, And Half Of 'Unaccompanied Minors' Are Adults
Authored by Thomas Brooke via Remix News,
A European Parliament fact-finding mission to the Canary Islands has revealed that around half of migrants who claimed to be unaccompanied minors upon arrival were ultimately determined to be adults.
The Committee on Petitions conducted the visit in September 2025 to assess the impact of illegal immigration on the Spanish archipelago. According to a draft report from earlier this month, prosecutors informed MEPs that “among approximately 1,500 unaccompanied...
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Jul 2, 2026 / Farzin Rahimi Zonouz
Culture, the State, and the Problem of Liberty
The modern state has become not only the guardian of political order but also the architect of cultural identity. We must separate culture from the state.
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Jun 1, 2026 / Tyler Durden
How U.S. Retailers Are Absorbing The Fuel-Price Shock
How U.S. Retailers Are Absorbing The Fuel-Price Shock
We have diligently tracked the Gulf-related fuel-price shock hitting the American consumer, with prices rising at the fastest rate in three years, personal savings depleted, and spending still running hot, a trend Goldman flags as increasingly troubling for the broader economy. This cocktail has revived uncomfortable memories of the 1970s: higher energy costs, squeezed households, and a consumer still spending into weakness.
But another important area of coverage is how companies are faring as freight, fuel, and supplier costs, along with tariff pressures,...
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