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Agreement signedPublished 16 Jun 2026

Yum China /
Willow Glade Investments, LLC

Yum China agrees to buy Willow Glade Investments from Yum!

Buy side: Yum China
Buy sideYum China
Target: Willow Glade Investments, LLC
TargetWillow Glade Investments, LLC
Yum China Holdings, Inc. · 16 Jun 2026Source
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Follow Yum China Follow Willow Glade Investments, LLC
Buy side: Yum China
Buy sideYum China
Target: Willow Glade Investments, LLC
TargetWillow Glade Investments, LLC
01 / BuyerYum China
02 / TargetWillow Glade Investments, LLC
Source for the buyer and target: Yum China Holdings, Inc.

For the buyer and target.

“Pursuant to the Purchase Agreement, on the terms and subject to the conditions set forth therein, Yum China has agreed to purchase, and Yum! Brands has agreed to cause its indirect wholly owned subsidiary, Yum! International Finance Company, LLC, a Delaware limited liability company, to sell, all of the issued and outstanding membership interests (the “Interests”) of Willow Glade Investments, LLC, a Delaware limited liability company (“Willow Glade”) (such transaction, the “Transaction”).”

Published 16 Jun 2026

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01

What happened

Brands [01]

Yum China has agreed to purchase all membership interests of Willow Glade Investments, LLC, which will hold the intellectual property rights for the Pizza Hut brand in China. The deal was signed June 16, 2026, and the filing says it is subject to customary closing conditions. The purchase agreement has no termination fees and an outside date of Nov. 16, 2026. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · Yum China Holdings, Inc.

Yum China agrees to buy Willow Glade Investments from Yum!

This document is the source for the companies, stage and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Agreement signed

    “The deal was signed June 16, 2026, and the filing says it is subject to customary closing conditions”

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  2. Published by Yum China Holdings, Inc.

    The source this page is built from.

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  3. Also stated

    “The purchase agreement has no termination fees and an outside date of Nov. 16, 2026”

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This dealYum China / Willow Glade Investments, LLCAgreement signed · Published 16 Jun 2026
BuyerYum ChinaTargetWillow Glade Investments, LLC
This dealYum China / Willow Glade Investments, LLC

Agreement signed · Yum China / Willow Glade Investments, LLC deal (Agreement signed, published 16 Jun 2026).

Agreement signed 16 Jun 2026
Timeline
  1. Agreement signed
  2. Published by Yum China Holdings, Inc.
  3. Also stated
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