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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Yum Brands has agreed to sell the Pizza Hut chain to private equity firm LongRange Capital in a deal valued at $2.7 billion. The sale follows several years of Pizza Hut losing market share to its primary rival, Domino's Pizza. This strategic move marks a significant shift in ownership for the global pizza chain.