CHINA TOPIX

11/21/2024 08:45:21 pm

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Yum Brands China

Yum Brands to Sale Stuck in China Business.

Yum Brands to Offload Stake in China business Ahead of Spinoff

Yum Brands, owner of popular food chain restaurants KFC and Pizza Hut, said on Friday that it would sell a minority stake in its China business to Chinese investment firm Primavera Capital and an affiliate of Alibaba Group Holding, Ant Financials.

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