Weil is advising Yum! Brands, Inc. (NYSE: YUM) in its definitive agreements to sell Pizza Hut for $2.7 billion in the aggregate, subject to certain purchase price adjustments. Pizza Hut, excluding Mainland China, will be acquired by LongRange Capital, a private equity firm with a customer-centric and operationally oriented approach, and Pizza Hut in Mainland China will be acquired by Yum China Holdings, Inc.

Following a comprehensive review of strategic options for Pizza Hut that commenced in November 2025, Yum!’s leadership team and Board of Directors determined the sale provides the strongest path to maximize shareholder value while providing Pizza Hut an ownership structure tailored to its distinct markets, competitive strengths and long-term priorities under leadership with significant relevant QSR experience. 

The Weil team is led by Mergers & Acquisitions partners Michael J. Aiello and Amanda Fenster and includes Mergers & Acquisitions counsel Rachel Shapiro and associates Avi Rubin, Alan Chan, Blake Oglensky and Harran Deu (Not Yet Admitted in New York); Technology & IP Transactions Head Charan Sandhu and associates Nupur Sachdev (Not Yet Admitted in New York), Adeline Park, Colleen Seidel and Trey Davis (Not Yet Admitted in New York); M&A Tax Head Devon Bodoh and associates Carlos Parra and Marvin Zanders; U.S. Antitrust Co-Head Brianne Kucerik, partner Mark Seidman, counsel Elizabeth Ross and associates Michael Geisler and Yousef Ziyadi; Executive Compensation & Benefits Head Paul Wessel, counsel Nicole Tark and associate Rebekah French; Privacy & Cybersecurity partner Liza Cotter and associates Sabrina Chishti and Ashley Tanaka; Real Estate Co-Head Jannelle Seales and associates Karen Luo, Tamar Ungar and Chloe Hoetger (Not Yet Admitted in New York); Employment partner Peter Mee and associate Paige Mickel; Environmental partner Matthew Morton and associate Caleb Holland; and Regulatory Transactions partners John O’Loughlin and Antonia Tzinova and associates Christina Carone and Colin Cox.