Yum! Brands has agreed to sell Pizza Hut globally for $2.7 billion. Sphera Franchise Group, the operator of Pizza Hut in Romania, has confirmed that the sale will not impact operations within the country. The transaction involves the entire Pizza Hut chain, owned by the parent company that also owns KFC and other brands. Details regarding the buyer were not immediately disclosed. Sphera Franchise Group assures customers and partners that business will continue as usual in Romania. This move is part of Yum! Brands’ strategy to focus on its core KFC and Taco Bell brands. The sale is subject to customary closing conditions.