$YUM (YUM BRANDS) — 8-K: Yum! completes Pizza Hut sale to LongRange for $1.5 billion

Yum! Brands completed the sale of Pizza Hut excluding Mainland China to LongRange Capital for approximately $1.5 billion, subject to adjustments, with a potential $75 million earn-out by 2030. Combined with the previously closed sale of Pizza Hut in Mainland China to Yum China on August 7, 2026, the two transactions total $2.7 billion in aggregate. The completion marks Yum!'s exit from Pizza Hut as it focuses on KFC, Taco Bell and Habit Burger Grill.

Yum! Brands completed the sale of Pizza Hut excluding Mainland China to LongRange Capital for approximately $1.5 billion, subject to adjustments, with a potential $75 million earn-out by 2030. Combined with the previously closed sale of Pizza Hut in Mainland China to Yum China on August 7, 2026, the two transactions total $2.7 billion in aggregate. The completion marks Yum!'s exit from Pizza Hut as it focuses on KFC, Taco Bell and Habit Burger Grill.