Deal Dispatch: Yum! Brands Sells Pizza Hut, Fox Corp. Buys Roku For $22 Billion, Salesforce Acquires Fin
Fox Corp. acquired Roku for $22 billion in the largest deal among a flurry of M&A transactions announced this week. The acquisition marks a major consolidation play in the streaming and connected TV advertising space, bringing Roku's 80 million active accounts under Fox's media umbrella.
Salesforce paid $3.6 billion to acquire Fin, adding autonomous AI agent capabilities to its enterprise software platform. The deal represents CRM's continued push into generative AI tooling for customer relationship management.
Yum! Brands divested its Pizza Hut chain to LongRange Capital for $1.5 billion, shedding the legacy brand as it focuses on higher-growth concepts like Taco Bell. The transaction marks YUM's strategic shift away from the struggling pizza segment.
Nuvei bought Payoneer for $2.75 billion, expanding its payments processing footprint into cross-border e-commerce and small business markets. The payments consolidation play aims to capture merchant volume across fragmented international channels.
Separately, Domo disclosed it is pursuing a strategic transaction, signaling potential M&A activity ahead. Two unnamed companies filed for Chapter 11 bankruptcy.