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Yum Brands sells Pizza Hut to private equity firm LongRange Capital and Yum China for $2.7 billion
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- Yum Brands on Tuesday announced it is selling Pizza Hut to private equity firm Long Range Capital for roughly $1.5 billion.
- The deal excludes the pizza chain's locations in mainland China; Yum China will acquire those in a separate transaction for about $1.2 billion.
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Yum Brands on Tuesday announced it is selling Pizza Hut to private equity firm Long Range Capital for roughly $1.5 billion.
The deal excludes the pizza chain's locations in mainland China; Yum China will acquire those in a separate transaction for about $1.2 billion.
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