UPDATE 1-Yum China rejects Hillhouse buyout offer – WSJ
27 Aug UPDATE 1-Yum China rejects Hillhouse buyout offer – WSJ
Posted at 17:14h
in
News
by KMFSLLP
Yum China Holdings Inc, the
operator of KFC, Pizza Hut and Taco Bell restaurants in China,
has rejected a buyout offer from a consortium of investors that
valued the company at more than $17 billion, the Wall Street
Journal reported on Tuesday, citing a person familiar with the
matter.
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