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39m ago
Yum! Brands shares fall 0.68% after closing Pizza Hut sale to LongRange Capital on September 1, 2026
Yum! Brands has closed the sale of Pizza Hut to private equity firm LongRange Capital, excluding the brand’s Mainland China operations. Pizza Hut generates about $10 billion in global systemwide sales, and LongRange has appointed Eduardo Luz as interim CEO. Yum! Brands shares fell 0.68% at the time of the announcement on September 1, 2026.