Pizza Hut operations were sold to a private equity firm, and Mainland China operations were sold to Yum China Holdings.
4 reports, 4 independent
Updated Aug 14
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What happened
Pizza Hut operations were sold to a private equity firm, and Mainland China operations were sold to Yum China Holdings.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Pizza Hut operations outside China sold to a Connecticut-based firm; Yum China Holdings acquiring mainland China presence.1 source
Yum Brands divests Pizza Hut, which operates in China, to a private equity buyer.1 source
Pizza Hut operations were sold to a private equity firm, alongside the Mainland China sale to Yum China.1 source
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The entities involved
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Pizza Hut
American restaurant chain and international franchise
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Yum China
Chinese fast-food restaurant chain
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