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Yum! Brands, Inc. (sometimes called simply Yum!), formerly Tricon Global Restaurants, Inc., is an American multinational fast food corporation listed on the Fortune 1000. It is a spin-off of PepsiCo, after they acquired KFC, Pizza Hut, and Taco Bell. PepsiCo divested the brands in 1997, and these consolidated as Yum!
It was spun off from Yum! Brands in 2016, becoming an independent, publicly traded company on November 1, 2016. Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to Yum Brands. It operates 8,484 restaurants in over 1,100 cities located in every province and autonomous region in Mainland China. It has a ...
Primavera was an anchor pre-IPO investor of Alibaba.It has also invested in multiple subsidiaries of it including Alipay, Ant Group and Cainiao. [2] [3] [4] [7] [9]In September 2016, Primavera and Ant Group acquired a $460 million stake in Yum China before it was spun off from Yum!
Hesitation in rolling out stimulus measures, plus profit taking, dampened enthusiasm for such titles.
Shares of restaurant company Yum China Holdings (NYSE: YUMC) soared 33.2% in September, according to data provided by S&P Global Market Intelligence. It was a welcome development for shareholders ...
Yum China's (YUMC) responsible brand building, strong financial position, menu innovation and digital initiatives continue to aid the stock.
Spin-off entity Transaction value (in billions USD) Inflation adjusted (in billions 2022 USD) Ref 1 2024 General Electric Company: GE Aerospace, GE Vernova, GE Healthcare: 191 191 [1] 2 2008 Altria Group: Philip Morris International: 108 141 [2] [3] 3 2000 BCE: Nortel: 60 97 [3] 4 2013 Abbott Laboratories: AbbVie: 56 67 [3] 5 2015 eBay: PayPal ...
Yum China Holdings received approval on Friday to move forward with a potential US$2 billion stock offering in Hong Kong, according to people familiar with the matter.A listing by the operator of ...