Pizza Hut Sold to LongRange Capital and Yum China in $2.7 B Deal

Pizza Hut has been purchased by investment firm LongRange Capital together with Yum China. The transaction values the fast‑food chain at $2.7 billion. The deal transfers ownership of Pizza Hut’s global operations to the new partners. LongRange Capital will lead the strategic direction of the brand moving forward. Yum China brings regional market expertise, particularly in the Asian sector. The acquisition is expected to drive growth and expansion of Pizza Hut outlets. Analysts will monitor how the new owners integrate the chain into their portfolios. The sale marks a significant shift in the fast‑food industry’s ownership landscape.