Pizza Hut Sold for $2.7 Billion After Years of Declining Profits and Restaurant Closures: Who Is the New Owner?
Published on: June 17, 2026, 12:14 a.m. | Source: NewsX
Yum Brands is selling Pizza Hut for $2.7 billion, splitting the business between LongRange Capital and Yum China Holdings. The move comes after years of declining profitability, restaurant closures, and growing competition in the pizza market.
