Struggling Pizza Hut restaurant chain to be sold in two deals worth $2.7bn | TheBriefWire
Struggling Pizza Hut restaurant chain to be sold in two deals worth $2.7bn
Published 16 June 2026 ยท general
Yum Brands is selling the pizza chain as it struggles with outdated stores and growing competition The struggling Pizza Hut restaurant chain will be sold
Yum Brands is selling the pizza chain as it struggles with outdated stores and growing competition The struggling Pizza Hut restaurant chain will be sold for $2.7bn by parent company Yum Brands.
Yum Brands said in February that it was considering selling Pizza Hut and the chain looked to close 250 US restaurants. The pizza chain has
struggled with outdated stores and growing competition. Continue reading...
Published: June 16, 2026 โข 7:10 PM IST ยท Updated: June 16, 2026 โข 7:39 PM ISTBy TheBriefWire Editorial Team
Key points
Yum Brands is selling the pizza chain as it struggles with outdated stores and growing competition The struggling Pizza Hut restaurant chain will be sold for $2.7bn by parent company Yum Brands.
Yum Brands said in February that it was considering selling Pizza Hut and the chain looked to close 250 US restaurants.
The pizza chain has struggled with outdated stores and growing competition.