{"id":76805,"date":"2026-08-20T21:20:40","date_gmt":"2026-08-21T01:20:40","guid":{"rendered":"https:\/\/lakelandgazette.info\/news\/?p=76805"},"modified":"2026-08-20T21:20:45","modified_gmt":"2026-08-21T01:20:45","slug":"yum-brands-entered-into-definitive-agreements-to-sell-pizza-hut-for-2-7-billion","status":"publish","type":"post","link":"https:\/\/lakelandgazette.info\/news\/2026\/08\/20\/yum-brands-entered-into-definitive-agreements-to-sell-pizza-hut-for-2-7-billion\/","title":{"rendered":"Yum! Brands entered into definitive agreements to sell Pizza Hut for $2.7 billion."},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img data-dominant-color=\"d5bfc0\" data-has-transparency=\"false\" loading=\"lazy\" decoding=\"async\" width=\"447\" height=\"447\" sizes=\"auto, (max-width: 447px) 100vw, 447px\" src=\"https:\/\/i0.wp.com\/lakelandgazette.info\/news\/wp-content\/uploads\/2026\/08\/images-2-6.webp?fit=447%2C447&amp;ssl=1\" alt=\"\" class=\"wp-image-76806 not-transparent\" style=\"--dominant-color: #d5bfc0; width:245px;height:auto\" srcset=\"https:\/\/lakelandgazette.info\/news\/wp-content\/uploads\/2026\/08\/images-2-6.webp 447w, https:\/\/lakelandgazette.info\/news\/wp-content\/uploads\/2026\/08\/images-2-6-150x150.webp 150w, https:\/\/lakelandgazette.info\/news\/wp-content\/uploads\/2026\/08\/images-2-6-300x300.webp 300w\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">Key details of the sale include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Two-Part Split:<\/strong>\n<ul class=\"wp-block-list\">\n<li><strong>Global &amp; U.S. Business (Excluding Mainland China):<\/strong> Acquired by private equity firm <strong>LongRange Capital<\/strong> for <strong>$1.5 billion<\/strong>.<\/li>\n\n\n\n<li><strong>Mainland China Business:<\/strong> Acquired by <strong>Yum China Holdings Inc.<\/strong> for <strong>$1.2 billion<\/strong>.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Why the Sale Happened:<\/strong> Pizza Hut has struggled to keep pace with delivery-focused competitors like Domino&#8217;s and third-party delivery services (DoorDash, Uber Eats). Selling the chain allows Yum! Brands to streamline its portfolio and focus on higher-performing brands like KFC and Taco Bell.<\/li>\n\n\n\n<li><strong>Timeline:<\/strong> The transactions are expected to close in the third quarter of 2026.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key details of the sale include:<\/p>\n","protected":false},"author":2,"featured_media":76806,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","inline_featured_image":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"wpai_generated_summary":"","footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"dois","default_image_id":71799,"font":"","enabled":true,"token":"eyJpbWciOiJodHRwczpcL1wvaTAud3AuY29tXC9sYWtlbGFuZGdhemV0dGUuaW5mb1wvbmV3c1wvd3AtY29udGVudFwvdXBsb2Fkc1wvMjAyNlwvMDhcL2ltYWdlcy0yLTYud2VicD9maXQ9NDQ3JTJDNDQ3JnNzbD0xIiwidHh0IjoiWXVtISBCcmFuZHMgZW50ZXJlZCBpbnRvIGRlZmluaXRpdmUgYWdyZWVtZW50cyB0byBzZWxsIFBpenphIEh1dCBmb3IgJDIuNyBiaWxsaW9uLiIsInRlbXBsYXRlIjoiZG9pcyIsImZvbnQiOiIiLCJibG9nX2lkIjoxNjMwNDA2NjF9.gwQTFb6WXrVTFY1ak0QEEAyPr-yDoBf9SRh1IiXd0vEMQ"},"version":2,"media_source":"sig","attached_media":[{"id":0,"url":"https:\/\/jetpack.com\/redirect\/?source=sigenerate&query=t%3DeyJpbWciOiJodHRwczpcL1wvbGFrZWxhbmRnYXpldHRlLmluZm9cL25ld3NcL3dwLWNvbnRlbnRcL3VwbG9hZHNcLzIwMjZcLzA4XC9pbWFnZXMtMi02LndlYnAiLCJ0eHQiOiJZdW0hIEJyYW5kcyBlbnRlcmVkIGludG8gZGVmaW5pdGl2ZSBhZ3JlZW1lbnRzIHRvIHNlbGwgUGl6emEgSHV0IGZvciAkMi43IGJpbGxpb24uIiwidGVtcGxhdGUiOiJkb2lzIiwiZm9udCI6IiIsImJsb2dfaWQiOjE2MzA0MDY2MX0.G8xHMbH5naAMGPOP5h7jvtwfdMJ703Is9Rm83S7VIyQMQ","type":"image\/jpeg"}]},"_wpas_customize_per_network":false},"categories":[17],"tags":[16341,16350,16345,16342,16340,16351,16343,16339],"class_list":["post-76805","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-regional-and-world-news","tag-acquisition","tag-business-sale","tag-fast-food-industry","tag-longrange-capital","tag-pizza-hut","tag-restaurant-news","tag-yum-china","tag-yum-brands"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/76805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/comments?post=76805"}],"version-history":[{"count":1,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/76805\/revisions"}],"predecessor-version":[{"id":76808,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/posts\/76805\/revisions\/76808"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/media\/76806"}],"wp:attachment":[{"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/media?parent=76805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/categories?post=76805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakelandgazette.info\/news\/wp-json\/wp\/v2\/tags?post=76805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}