Yum! Brands completes Pizza Hut Ex-China sale to LongRange Capital
Yum! Brands (NYSE: YUM) said it has completed the sale of Pizza Hut, excluding Mainland China, to LongRange Capital for approximately $1.5 billion, subject to certain adjustments.
Yum! Brands, Inc. (NYSE: YUM) (“Yum!” or the “Company”) today announced the completion of the sale of Pizza Hut, excluding Mainland China (“Pizza Hut Ex-China”), to LongRange Capital (“LongRange”) for approximately $1.5 billion, subject to certain adjustments, with the opportunity for Yum! to recei…