You are here

China sovereign fund seeking control of US$8b Yum unit: sources

Temasek and Primavera Capital are separately vying for stakes in Yum China, they add

BT_20160420_DNYUM20_2234098.jpg
A majority purchase by the CIC consortium would give a domestic entity control of a leading fast-food chain in the Chinese market for the first time.

Hong Kong

CHINA wants to get control of the most popular fast-food chain in the country.

A consortium backed by sovereign fund China Investment Corp (CIC) has expressed interest in buying a majority stake in Yum! Brands Inc's China business, which runs more than 7,100 KFC and Pizza

sentifi.com

Market voices on:

Powered by GET.comGetCom