6 stories found
The struggling Pizza Hut chain has been sold for approximately $2.7 billion in two separate deals to private equity firms. The sale comes as the company faced challenges from aggressive competitor pricing and the shift towards online ordering, contributing to years of decline for the brand.
Pizza Hut, the popular fast-food chain, is reportedly set to be sold to private equity firm LongRange Capital in an upcoming acquisition deal.
The firm behind Ethos Engineering is paying out a dividend of up to €23 million following a private equity deal. This comes as Pizza Hut also gets a new owner in a $1.5 billion private equity acquisition.
Yum Brands is reportedly in discussions to sell its Pizza Hut division to LongRange Capital.
Yum! Brands is set to sell its Pizza Hut chain, excluding Chinese operations, in a deal valued at $1.5 billion (£1.1 billion). The private equity firm LongRange Capital will acquire the chain.
Yum! Brands is reportedly in exclusive discussions to sell its Pizza Hut division to investment firm LongRange Capital, according to recent reports from Bloomberg News and Reuters.