Yum Brands gains on report of exclusive talks to sell Pizza Hut to LongRange Capital
29/05/2026 22:59
BUZZ-Yum Brands gains on report of exclusive talks to sell Pizza Hut to LongRange Capital ** Shares of KFC parent Yum Brands YUM.N rise 3.7% to $153.47 in after-market trading
** Co is in exclusive talks to sell its Pizza Hut chain to LongRange Capital, a source familiar with the matter said
** The source says that the two parties are advancing in discussions about a potential deal that could come together in several weeks
** There is no guarantee that a deal will be reached, source says
** Including session's moves, shares are down 2.2% YTD
(Reporting by Katha Kalia in Bengaluru)