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Yum Brands takes another major step to exit Russia

Jul. 05, 2022 11:16 AM ETYum! Brands, Inc. (YUM)By: Clark Schultz, SA News Editor1 Comment

KFC Restaurant Exterior

Wolterk/iStock Editorial via Getty Images

Yum Brands (NYSE:YUM) announced that it is close to selling its Russian KFC business.

Last month, Yum Brands (YUM) completed the transfer of ownership of all Pizza Hut franchise assets to a local operator

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Comments (1)

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Old Professor profile picture
In the absence of any other information, I would guess that these "transfers of ownership" are pretty much at fire-sale prices.

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