CHINA TOPIX

05/03/2024 11:58:56 am

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Sale process of KFC operator Yum! Brands Inc. has been delayed.

Yum! Brands Inc.'s Potential Bidders Fail to Submit Offers On Time

The sale process of KFC and Pizza Hut's operator Yum! Brands Inc. has been delayed, as potential bidders failed to submit their offers by the deadline, sources familiar with the matter revealed.

hotel

China's Anbang Drops $14 Billion Bid Offer for Starwood Hotels

China's Anbang Insurance Group Co. dropped its $14 billion bid offer for Starwood Hotels & Resorts Worldwide Inc because of "market consideration," a surprise move just two days after the Chinese insurer raised its offer from $13.9 billion.

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