India, June 17 -- Pizza Hut, one of the most recognisable brands, is now set for a major ownership change. Yum! Brands has announced plans to sell Pizza Hut in a deal worth $2.7 billion, marking the end of an era for the restaurant chain that has been part of its portfolio for nw nearly three decades.

The move comes after Pizza Hut faced growing competition, declining sales in key markets, and changing consumer preferences. The transaction will split the business between 2 buyers and is expected to reshape the future of the iconic pizza chain.

Pizza Hut News: Pizza Hut Chain Will Be Sold for $2.7 Billion

Yum! Brands has confirmed that Pizza Hut will be sold in a transaction valued at approximately $2.7 billion.

Under the agreement, pr...