Yum Brands Inc

YUM: XNYS (USA)
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Yum Brands: Pizza Hut Sale Redirects the Focus to Moaty Brands; Shares Fairly Valued

On June 16, Yum unveiled deals to sell Pizza Hut's China brand to Yum China for $1.2 billion and the remainder to LongRange Capital for $1.5 billion, slated to close in the third quarter. Yum will collect $2.3 billion after taxes and fees, excluding a potential $75 million earn out in 2030.

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