Form 8-K · Current Report · Filed 2026-09-01
Yum! Brands Completes Sale of Global Pizza Hut Business
Yum! Brands, Inc. has completed the sale of its global Pizza Hut business, excluding Mainland China, to LongRange Capital for approximately $1.5 billion, subject to certain adjustments. The transaction, which concludes the previously announced sale of Pizza Hut through two separate deals totaling $2.7 billion, marks a key milestone in Yum! Brands' evolution as a more focused company. Additionally, Aaron Powell, the Chief Executive Officer of the Pizza Hut business, resigned from his position effective September 1, 2026, in connection with the closing of the Pizza Hut Transaction.
- Filer
- Yum! Brands, Inc. YUM · NYSE
- Filed
- Accession
- 0001041061-26-000187
- CIK
- 0001041061
- Signal
- High impactConsumer Cyclical
- Source
- Official filing on sec.gov ↗
Items reported
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$153.31
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+0.0%
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$153.31
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Previous filings from YUM reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, YUM insiders reported 20 Form 4 transactions — net selling of $2.4M.
About Yum! Brands, Inc.
Yum! Brands, Inc. operates as one of the world’s largest fast-food restaurant companies, specializing in the development and management of globally recognized brands such as KFC, Pizza Hut, and Taco Bell. The company focuses on offering a diverse array of consistent, value-driven food options that cater to a wide range of consumer tastes and preferences. With its entrepreneurial franchise business model, Yum! Brands extends its global footprint across numerous countries, with thousands of restaurants strategically located to reach a vast customer base. A notable feature of the company includes its ability to integrate localized flavors and menu customizations while maintaining brand consistency and operational efficiency. Headquartered in Louisville, Kentucky, Yum! Brands plays a significant role in the quick-service restaurant industry, leveraging its significant scale and brand equity to influence market trends and consumer behavior.
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