Temasek Gets Closer to China Yum Brands Acquisition

Posted on 05/21/2016

Singapore’s Temasek Holdings is bidding for an approximate 20% stake in Yum Brands’ China unit. Yum Brands Inc. owns the largest fast-food chain in China, boasting around 7,205 restaurants in the country. The food restaurant company, which owns Pizza Hut and Kentucky Fried Chicken (KFC), earlier started the process of selling off its China unit. […]