Yum China acquisition

Yum China Holdings, Inc. (“Yum China”) (NYSE: YUMC; HKEX: 9987) has completed its US$1.2 billion acquisition of the Pizza Hut brand in Mainland China from Yum! Brands, Inc. (NYSE: YUM). The transaction was first announced in June 2026. The transaction, first announced in June 2026, marks a major milestone for

Yum China Buys Pizza Hut China Brand in Landmark $1.2 Billion Deal Yum China is taking full ownership of the Pizza Hut brand in Mainland China after agreeing to acquire the business from Yum! Brands for US$1.2 billion, marking one of the biggest strategic moves in the company’s history. The