Yum Brands completes $1.2 billion sale of Pizza Hut China to Yum China - YUM News | RalliesYum Brands completes $1.2 billion sale of Pizza Hut China to Yum China
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YUM• Yum Brands completes Pizza Hut China sale
- Yum! Brands completed the sale of Pizza Hut China to Yum China for USD 1.2 billion.
- The China closing forms part of two previously disclosed deals to sell Pizza Hut for USD 2.7 billion in aggregate, subject to adjustments.
- A separate sale of Pizza Hut operations outside Mainland China to LongRange Capital remains on track to close this month, pending approvals.
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