KFC and Pizza Hut
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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