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Investment firm eye Yum China buyout

Aug. 14, 2018 9:23 AM ETYum China Holdings, Inc. (YUMC) StockKKR, YUMCBy: Clark Schultz, SA News Editor13 Comments
  • Reuters reports that investment firms are continuing to look at buying out Yum China (NYSE:YUMC).
  • The group of interested parties includes a consortium led by Hillhouse Capital Group and a KKR (NYSE:KKR) investing vehicle. Chinese sovereign fund China Investment Corp is also in the mix.
  • Shares of Yum China are up 5.35% in premarket trading. Some M&A premium is already baked into the restaurant chain's share price.

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