Yum China
Yum China in Talks to Acquire China’s Food Delivery Service Firm Daojia for $200 Million: Sources
| Girish Shetti | | Nov 25, 2016 08:48 PM EST |
Yum China Holdings Inc is holding talks to acquire local food delivery player Daojia.com for approximately $200 million, two sources close to the matter told Reuters.
Yum China Makes Impressive Debut in Stock Market
| S. Rina | | Nov 04, 2016 03:44 PM EDT |
Yum China Holdings debuted in New York on Tuesday, marking the first day of trading after the spinoff. The stock traded under the ticker symbol YUMC and gained nearly 10% during the trading session. The China division of the brand was hived off owing to the pressure from activist shareholders. Yum China owns the Pizza Hut and KFC brands in China.
Yum China Shares Increased After Spinoff Completion
| Ellie Froilan | | Nov 02, 2016 01:24 PM EDT |
After the completion of the spinoff of Yum Brand’s China unit, Yum China Holdings Inc. shares has increased on the first day of trading on the New York Stock Exchange by eight percent
Yum! Brands OKs Separation of China Business
| Ellie Froilan | | Sep 28, 2016 07:17 AM EDT |
Yum! Brands has approved its separation from its China business counterpart.
Yum Brands to Offload Stake in China business Ahead of Spinoff
| Girish Shetti | | Sep 02, 2016 03:33 PM EDT |
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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