Yum! Brands is dumping struggling Pizza Hut for $2.7B. Private equity firm LongRange Capital is buying the global ops outside China for $1.5B, while Yum China takes the mainland business for $1.2B. After years of delivery apps eating its lunch and shifting consumer habits, Yum is refocusing on its stronger performers - KFC and Taco Bell - and using part of the cash for a fresh $4B stock buyback. The 68-year-old pizza icon gets new owners in Q3 2026. #PizzaHut #YumBrands #FastFood #PrivateEquity
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