Yum! Brands Nears Sale of Pizza Hut to LongRange in Exclusive Talks
Yum! Brands is in advanced exclusive negotiations to sell its Pizza Hut chain to LongRange, according to sources familiar with the matter.
Deal Structure and Status
The talks are in an exclusive phase, indicating a potential binding agreement is being finalized. Yum! Brands, the parent company of the Pizza Hut brand, has not publicly disclosed the financial terms of the proposed sale. LongRange, the prospective buyer, is positioning to acquire the global pizza chain as Yum! continues to streamline its portfolio.
Background and Timeline
The transaction, if completed, would mark a significant shift for Pizza Hut, which has been a core part of Yum! Brands' holdings for decades. The current negotiations are taking place as of May 30, 2026, with no definitive timeline for a public announcement yet provided by either party.
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