Pizza Hut Up for Sale? Yum Brands Reportedly in Exclusive Talks with LongRange for Divestiture

Stock News05-30

Yum Brands is reportedly engaged in exclusive negotiations to sell its Pizza Hut chain business to LongRange Capital, according to informed sources. One source indicated that LongRange recently secured exclusive negotiation rights with Yum, outbidding other contenders including Sycamore Partners. Discussions regarding the potential transaction are advancing and could be finalized within weeks, though sources caution that a deal is not guaranteed.

Pizza Hut has faced performance challenges. Yum stated last year that it was conducting a strategic review of the chain after years of efforts to revitalize its stagnant sales. Data shows that Pizza Hut's share of Yum's total revenue has declined annually since 2019, shrinking from over 18% six years ago to approximately 12% in 2025. During this period, Pizza Hut's sales have remained around just over $1 billion, while Yum's overall revenue grew about 47% last year to $8.2 billion.

Yum's stock price has fallen 2.2% this year. The Louisville, Kentucky-based company, which also owns KFC and Taco Bell chains, holds a market value of approximately $41 billion.

LongRange is a private equity firm founded in 2019. Its founder, Bob Berlin, has extensive experience in the restaurant sector, having previously led the investment in Arby's during his tenure at Roark Capital. The firm currently owns 24 Hour Fitness and has an investment in Alpin Unlimited, a ski resort company that is an investor in Austria's KitzSki ski area in Kitzbühel.

Pizza Hut had attracted interest from several potential buyers including Sycamore, Apollo Global Management, and LongRange.

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Yum Brands Reportedly in Exclusive Talks with LongRange for Divestiture\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-05-30 08:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Yum Brands is reportedly engaged in exclusive negotiations to sell its Pizza Hut chain business to LongRange Capital, according to informed sources. One source indicated that LongRange recently secured exclusive negotiation rights with Yum, outbidding other contenders including Sycamore Partners. 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