Primavera, Ant Financial To Invest $460M In Yum China As Unit Spins Off From Parent

KFCCHINAChinese private equity firm Primavera Capital Group and Ant Financial Services Group have agreed to invest a total of US$460 million in Yum China, as Yum! Brands completes a spinoff of its China Yum division, according to a company announcement. The spinoff and concurrent completion of the Primavera and Ant Financial investments are expected to […]


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