End of an Era: Yum Brands Sells Pizza Hut in $2.7 Billion Deal
June 17, 2026
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Yum Brands announced on Tuesday that it will sell Pizza Hut for $2.7 billion, ending nearly 50 years of ownership of one of the world’s most recognizable pizza chains as the fast-food industry faces slowing demand and changing consumer habits. Yum China Holdings will buy Pizza Hut’s mainland China operations
