Yum China’s $1.2bn Pizza Hut purchase draws cool response from investors
Food & Beverage
Move marks latest spinoff of an iconic US chain in China’s subdued consumer market
Yum China is acquiring the mainland China operations of Pizza Hut from Yum Brands for $1.2 billion, while U.S. private equity firm LongRange Capital is buying the remainder of the business for $1.5 billion. (Photo by Wataru Suzuki)
KENJI KAWASE
June 17, 2026 14:10 JST
Updated on June 17, 2026 18:04 JST
TOKYO — Yum China, the largest restaurant chain operator in the world’s No. 2 economy, has agreed to pay $1.2 billion to acquire the mainland Pizza Hut business it already runs.
