Yum China Holdings Inc

YUMC: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Yum China: Pizza Hut China Buyout Screens Attractive, Unshackles Brand

Ivan Su

Jun 16, 2026

Yum China has agreed to acquire full ownership of the Pizza Hut brand in mainland China from Yum Brands for $1.2 billion in cash, eliminating royalty payments to Yum Brands upon closing in the third quarter of 2026.

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Yum China Holdings Inc

Yum China: Pizza Hut China Buyout Screens Attractive, Unshackles Brand

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