Market News for Yum! Brands Inc (YUM)
Yum! Brands is in exclusive talks to sell Pizza Hut to LongRange Capital, with potential deal value estimated at $3.6–$4.3 billion. Proceeds from the sale could reduce YUM's net LT debt from ~$9.3B to ~$5.3B, lowering leverage to ~1.7x TTM EBITDA and enabling M&A, buybacks, and dividends. Post-sale, YUM's pro forma EBITDA is projected at ~$2.8B, supporting a price target of $173 and an upside of nearly 18% at $147 per share....
Seeking Alpha - 6/1/2026 7:35:00 AM
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Yum Brands is in exclusive talks to sell its Pizza Hut chain to LongRange Capital, Bloomberg News reported on Friday, citing people familiar with the matter....
Reuters - 5/29/2026 5:35:26 PM
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