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
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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 Hut eateries across the nation, people with knowledge of the matter said.
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