Report notes that while there is no guarantee of a confirmed deal, the talks suggest that the two parties are negotiating a potential deal that could come together in several weeks
As fast-food industry grapples with low demand, rising costs and declining consumer sentiment, Yum Brands is in advanced discussion to sell its Pizza Hut chain to private equity firm LongRange Capital, Reuters reported.
The report noted that while there is no guarantee of a confirmed deal, the talks suggest that the two parties are negotiating a potential deal that could come together in several weeks. Reuters reported that the growing adoption of GLP-1 weight loss drugs are driving consumers to choose healthier foods.
Earlier, a separate report highlighted that private equity firms Sycamore Partners, Apollo Global Management and LongRange Capital and others were looking at the deal positively. The interest in buying pizza chains comes as large corporate deals rebounded in the opening quarter and as chains, restaurants are facing pressure, stemming from more cost-conscious and calorie-counting consumers to high ingredient prices, as per the report.
Earlier, many restaurant chains exited the public market as Denny’s sold to an investor group for USD 620 million and Potbelly sold to private convenience store chain RaceTrac, the report mentioned. US comparable sales at Pizza Hut, which contributed 12 per cent to the parent’s 2025 total revenue, have dipped for ten consecutive quarters, the report added.
A separate report mentioned earlier that Papa John’s International has also been exploring buyers for its business. Irth Capital Management was engaged with the brand to take it private, the report added. (With Reuters Inputs).
