Pizza Hut sold to new owners in $2.7 billion deal — Live Feedhttps://www.live-feeds.com/feed/pizza-hut-sold-to-new-owners-in-2-7-billion-dealContinuously updated, source-cited coverage. Pizza Hut sold for $2.7B in two-part deal to private equity and Yum Chinahttps://www.live-feeds.com/feed/pizza-hut-sold-to-new-owners-in-2-7-billion-dealhttps://www.live-feeds.com/feed/pizza-hut-sold-to-new-owners-in-2-7-billion-deal#u2561Wed, 17 Jun 2026 18:16:44 +0000Yum! Brands has sold Pizza Hut in a $2.7 billion deal, splitting the chain between LongRange Capital and Yum China Holdings. The transaction marks a strategic pivot for Yum! as it refocuses on KFC and Taco Bell. Closings are expected in late 2026, pending regulatory approvals. The move follows years of declining sales and competition from delivery-focused rivals.What's confirmed:Yum! Brands sold Pizza Hut for a total of $2.7 billion in two separate transactions.LongRange Capital will acquire Pizza Hut’s operations excluding mainland China, while Yum China Holdings will take over mainland China