Yum Brands in Talks to Sell Pizza Hut to Private Equity Firm
The sale could cut Yum Brands' debt by about $4 billion and give the company more room for buybacks, dividends and acquisitions, analysts said.
9 Articles
9 Articles
13:39 The well-known pizza chain Pizza Hut is likely changing owners. The American parent company Yum Brands is in exclusive talks to sell Pizza Hut to the private equity firm LongRan...
Yum Brands hopes to sell Pizza Hut to an investment fund - RetailDetail EU
Yum Brands, the group that also owns Taco Bell and KFC, is in exclusive talks to sell Pizza Hut to the investment fund LongRange Capital. It is not yet certain whether the two parties will reach an agreement.
Yum Brands is in exclusive talks to sell Pizza Hut to LongRange Capital. The potential transaction would culminate a months-long review of strategic options for the brand, which has been underperforming within the group.
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