Key facts
- Yum Brands is in exclusive talks to sell Pizza Hut.
- LongRange Capital is the potential buyer.
- The information was provided by sources familiar with the matter.
Yum! Brands, the parent company of Pizza Hut, is currently engaged in exclusive discussions for the sale of its Pizza Hut chain to LongRange Capital. This development was reported by Bloomberg, citing individuals who are privy to the details of the potential transaction. The specifics of the deal, including the valuation and terms, have not yet been disclosed as the negotiations are ongoing.