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17.06.26 - 03:15
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YUM CHINA to Acquire Pizza Hut China Mainland Ownership for USD1.2B (AAStocks)
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YUM CHINA (09987.HK) announced that it has entered into a definitive agreement with Yum! Brands, Inc. (YUM.US) to acquire the ownership of the Pizza Hut brand in mainland China for a cash consideration of USD1.2 billion. The transaction is expected to close in the third quarter of 2026.Upon completion, Pizza Hut China will no lo......
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17.06.26 - 01:00
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Yum Brands sells Pizza Hut in $2.7bn deal (Times of India)
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Yum Brands is divesting its struggling Pizza Hut chain in a $2.7 billion deal. Private equity firm LongRange Capital will acquire Pizza Hut's global operations, excluding China, for approximately $1.5 billion. India's Pizza Hut business will also fall under LongRange Capital's management. The China operations are being sold to Yum China Holdings for about $1.2 billion....
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16.06.26 - 16:36
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Yum to Sell Pizza Hut; Dave & Buster′s Sinks | Stock Movers (Bloomberg)
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On this episode of Stock Movers with Alexis Christoforous:
- Yum! Brands (YUM) agreed to sell its struggling Pizza Hut chain for $2.7 billion to a private equity firm and its China business. LongRange Capital will acquire Pizza Hut ex-China for $1.5 billion, Yum said in a statement Tuesday. Yum China Holdings Inc. will buy the rest of the business for $1.2 billion. The transactions are expected to close in the third quarter.
- Dave & Buster's (PLAY) shares tumble after the operator of restaurant and entertainment facilities reported comparable sales for the first quarter that missed the average analyst estimate. Research firm Benchmark downgraded the stock, citing a lack of confidence that same-store sales will stabilize/eventually turn positive this year.
- Robinhood Markets (HOOD) shares are up after it said it is reducing its full-time employee workforce by 10%, and also closing a small number of open roles. (Source: Bloomberg)...
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16.06.26 - 16:24
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Yum China takes full slice of Pizza Hut China in US$1.2 billion deal (SCMP)
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Yum China, the operator of KFC and Pizza Hut in mainland China, will pay US$1.2 billion to acquire ownership of the Pizza Hut business in the market, deepening its separation from US restaurant giant Yum! Brands and gaining full control of the brand in China.
The consideration will be paid entirely in cash, funded through a combination of existing cash reserves and debt financing. Subject to customary closing conditions, the transaction is expected to be completed in the third quarter of......
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16.06.26 - 16:21
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Yum Unloads Pizza Hut Chain As Private Equity Takes On Turnaround Challenge (ZeroHedge)
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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 middle-market businesses, usually with a longer-term, operationally focused approach.
Its current portfolio includes 24 Hour Fitness, Alpin Unlimited, Bakkavor, Batesville, and US Synthetic.
"These transactions enable Yum! to be a more focused company that continues to leverage scale, technology, and talent to accelerate our raising the B.A.R. priorities and deliver sustained value for our stakeholders,&...
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16.06.26 - 14:06
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Yum! Brands, Inc. Enters into Agreements to Sell Pizza Hut for $2.7 Billion (Business Wire)
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Pizza Hut, excluding Mainland China, to be Acquired by LongRange Capital; Pizza Hut in Mainland China to be Acquired by Yum China Holdings, Inc. in Separate Transactions
Key highlights:
Positions Yum! Brands for Long-Term Growth and Shareholder Value Creation
Completes Yum!'s Previously Announced Strategic Review of Pizza Hut
Yum! Brands and Yum China Partner on KFC System Sales Growth Incentives
Board Approves Incremental $4 Billion Share Repurchase Authorization
LOUISVILLE, Ky.--(BUSINESS WIRE)--Yum! Brands, Inc. (NYSE: YUM) (“Yum!” or the “Company”) today announced that it has entered into definitive agreements to sell Pizza Hut for $2.7 billion in the aggregate, subject to certain purchase price adjustments.
Pizza Hut, excluding Mainland China (“Pizza Hut Ex-China”), will be acquired by LongRange Capital (“LongRange”), a private equity firm with a customer-centric and operationally oriented approach, and Pizza Hut in Mainland China (“Pizza Hut China”) will be acquired by Yum C...
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22.05.26 - 09:03
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KFC′s KPRO Tops 300 Locations in China (PR Newswire)
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SHANGHAI, May 22, 2026 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) announced that KFC's light-meal concept, KPRO, has surpassed 300 locations in China and is on track to reach 600 locations by year–end, up from just over 200 in 2025.......
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21.05.26 - 12:15
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KPRO by YUM CHINA Surpasses 300 Stores in China (AAStocks)
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YUM CHINA (09987.HK) (YUMC.US) announced that KPRO, the energy light-meal concept under KFC China, has officially opened its 300th store at Shanghai Sincere Plaza.~AASTOCKS Financial NewsWebsite: www.aastocks.com...
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